Work

Philosophy of economics: the analysis of alternative directions

Year: 2024

Type: article

Abstract: 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.

Source: DOAJ (DOAJ: Directory of Open Access Journals)

Author: Gerashchenko Igor Germanovich

Institution: The Russian Presidential Academy of National Economy and Public Administration

Language: English

Topic: Economic Theory and Institutions

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W7051773053

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