Philosophy of economics: the analysis of alternative directions
Alternative directions in modern economic theory assume philosophical justification. The paper provides methodological analysis of the following alternative directions in economics: the new Austrian school, modern institutionalism, radical political economy, post-Keynesian economics, natural-scienti...
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Format: | Article |
Language: | English |
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Institute of Modern Humanitarian Researches
2024-12-01
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Series: | Studia Humanitatis |
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Online Access: | https://st-hum.ru/en/node/1366/ |
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author | Gerashchenko Igor Germanovich |
author_facet | Gerashchenko Igor Germanovich |
author_sort | Gerashchenko Igor Germanovich |
collection | DOAJ |
description | Alternative directions in modern economic theory assume philosophical justification. The paper provides methodological analysis of the following alternative directions in economics: the new Austrian school, modern institutionalism, radical political economy, post-Keynesian economics, natural-scientific economic theory, traditionalist economics, agricultural economics, feminist economic theory. The author substantiates the idea that heterodox economic theory poses such problems that cannot find an adequate solution within the framework of economics. Therefore, there is an urgent need to create a new economic theory that would synthesize orthodox and unorthodox doctrines. |
format | Article |
id | doaj-art-6c44a05c415441a180bdafce2a351e08 |
institution | Kabale University |
issn | 2308-8079 |
language | English |
publishDate | 2024-12-01 |
publisher | Institute of Modern Humanitarian Researches |
record_format | Article |
series | Studia Humanitatis |
spelling | doaj-art-6c44a05c415441a180bdafce2a351e082025-01-28T00:43:02ZengInstitute of Modern Humanitarian ResearchesStudia Humanitatis2308-80792024-12-014Philosophy of economics: the analysis of alternative directionsGerashchenko Igor Germanovich0Volgograd Institute of Management (branch office) of Russian Presidential Academy of National Economy and Public Administration (Volgograd, Russia)Alternative directions in modern economic theory assume philosophical justification. The paper provides methodological analysis of the following alternative directions in economics: the new Austrian school, modern institutionalism, radical political economy, post-Keynesian economics, natural-scientific economic theory, traditionalist economics, agricultural economics, feminist economic theory. The author substantiates the idea that heterodox economic theory poses such problems that cannot find an adequate solution within the framework of economics. Therefore, there is an urgent need to create a new economic theory that would synthesize orthodox and unorthodox doctrines.https://st-hum.ru/en/node/1366/philosophy of economicsalternative economicsheterodox economicseconomicsradical economic theorynew austrian school |
spellingShingle | Gerashchenko Igor Germanovich Philosophy of economics: the analysis of alternative directions Studia Humanitatis philosophy of economics alternative economics heterodox economics economics radical economic theory new austrian school |
title | Philosophy of economics: the analysis of alternative directions |
title_full | Philosophy of economics: the analysis of alternative directions |
title_fullStr | Philosophy of economics: the analysis of alternative directions |
title_full_unstemmed | Philosophy of economics: the analysis of alternative directions |
title_short | Philosophy of economics: the analysis of alternative directions |
title_sort | philosophy of economics the analysis of alternative directions |
topic | philosophy of economics alternative economics heterodox economics economics radical economic theory new austrian school |
url | https://st-hum.ru/en/node/1366/ |
work_keys_str_mv | AT gerashchenkoigorgermanovich philosophyofeconomicstheanalysisofalternativedirections |