Artikel
The Financial and Economic Crisis and the Aberrance of Economics
Positivism-empiricism-falsificationism has become the 'state-of-the-art" methodology of economics. In this article it will be argued that this approach (1) suffers from (logical) deficiencies when applied to the science of human action and (2) has helped legitimizing, and putting into practice, policies that have actually contributed greatly to bringing about the latest financial and economic crisis. The 'Austrian", or to be more precise: the 'Misesian", method (praxeology) will be outlined as the proper methodology in the field of social science. (A2, B20, B41, B50, B53, C10)
- Sprache
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Englisch
- Erschienen in
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Journal: Credit and Capital Markets – Kredit und Kapital ; ISSN: 2199-1235 ; Volume: 46 ; Year: 2013 ; Issue: 2 ; Pages: 233-246
- DOI
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doi:10.3790/ccm.46.2.233
- Letzte Aktualisierung
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20.09.2024, 08:24 MESZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Polleit, Thorsten
- Duncker & Humblot
Entstanden
- 2013