Economics in times of crisis. In search of a new paradigm in economic sciences

The relationship between the development of economics and economic performance is not reducible to any set of simple rules. Among the historians of economic thought there is even a handful of those who perceive the progress in economics mostly as an outcome of the attempts to solve the problems, inc...

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Autor principal:	Joanna DZIONEK-KOZLOWSKA
Formato:	article
Lenguaje:	DE EN FR
Publicado:	Editura ASE Bucuresti 2015
Materias:	economic methodology economics imperialism economic performance economic crisis homo economicus value judgements Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/c7e80124dd90422dad2bdfa9cb0f2117
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spelling	oai:doaj.org-article:c7e80124dd90422dad2bdfa9cb0f21172021-12-02T03:56:05ZEconomics in times of crisis. In search of a new paradigm in economic sciences1843-22981844-8208https://doaj.org/article/c7e80124dd90422dad2bdfa9cb0f21172015-11-01T00:00:00Z http://jpe.ro/pdf.php?id=7304 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208The relationship between the development of economics and economic performance is not reducible to any set of simple rules. Among the historians of economic thought there is even a handful of those who perceive the progress in economics mostly as an outcome of the attempts to solve the problems, inconsistencies and paradoxes within economic theory itself. Seen from this perspective, economic reality has minor (or no) importance. On the other hand, the endeavours to modify a mainstream approach are significantly greater in times of economic downturns. Seeing that economics is in such a state of ‘intellectual ferment’ nowadays, it is worth reconsidering the connection between economics and the economy. Thus the main aim of the paper is to analyse the current state of economic science in relation to the last economic slump. Although it is of course not possible to predict the future trajectories of economic theorising, taking into consideration the nature of the crisis the most feasible and potentially most fruitful areas are indicated.Joanna DZIONEK-KOZLOWSKAEditura ASE Bucurestiarticleeconomic methodologyeconomics imperialismeconomic performanceeconomic crisishomo economicusvalue judgementsEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol IX, Iss 1, Pp 52-72 (2015)
institution	DOAJ
collection	DOAJ
language	DE EN FR
topic	economic methodology economics imperialism economic performance economic crisis homo economicus value judgements Economics as a science HB71-74
spellingShingle	economic methodology economics imperialism economic performance economic crisis homo economicus value judgements Economics as a science HB71-74 Joanna DZIONEK-KOZLOWSKA Economics in times of crisis. In search of a new paradigm in economic sciences
description	The relationship between the development of economics and economic performance is not reducible to any set of simple rules. Among the historians of economic thought there is even a handful of those who perceive the progress in economics mostly as an outcome of the attempts to solve the problems, inconsistencies and paradoxes within economic theory itself. Seen from this perspective, economic reality has minor (or no) importance. On the other hand, the endeavours to modify a mainstream approach are significantly greater in times of economic downturns. Seeing that economics is in such a state of ‘intellectual ferment’ nowadays, it is worth reconsidering the connection between economics and the economy. Thus the main aim of the paper is to analyse the current state of economic science in relation to the last economic slump. Although it is of course not possible to predict the future trajectories of economic theorising, taking into consideration the nature of the crisis the most feasible and potentially most fruitful areas are indicated.
format	article
author	Joanna DZIONEK-KOZLOWSKA
author_facet	Joanna DZIONEK-KOZLOWSKA
author_sort	Joanna DZIONEK-KOZLOWSKA
title	Economics in times of crisis. In search of a new paradigm in economic sciences
title_short	Economics in times of crisis. In search of a new paradigm in economic sciences
title_full	Economics in times of crisis. In search of a new paradigm in economic sciences
title_fullStr	Economics in times of crisis. In search of a new paradigm in economic sciences
title_full_unstemmed	Economics in times of crisis. In search of a new paradigm in economic sciences
title_sort	economics in times of crisis. in search of a new paradigm in economic sciences
publisher	Editura ASE Bucuresti
publishDate	2015
url	https://doaj.org/article/c7e80124dd90422dad2bdfa9cb0f2117
work_keys_str_mv	AT joannadzionekkozlowska economicsintimesofcrisisinsearchofanewparadigmineconomicsciences
_version_	1718401580120670208

Economics in times of crisis. In search of a new paradigm in economic sciences

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