Completions to Marshallian Out-Look, Consistent With Knowledge Based Economy

Alexandru Jivan
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Alexandru Jivan: West University of Timisoara, Faculty of Economics and Business Administration, Romania

Timisoara Journal of Economics, 2011, vol. 4, issue 1(13), 11-18

Abstract: Paper aims at bringing completions to the neoclassical viewpoint in Economics, in the purpose of better according economic research to the actual needs of the economy. Research starts from certain principles of widening economic logics, involving recent economic realities and tendencies, in an interdisciplinary approach, with implications and emphasis mostly on the social field, sustainability and environment. The developments Alfred Marshall brought to the neoclassical approach (taking-back his contributions for the connections between classicism and neo-classicism) are furthered, in extensions suitable to knowledge society. More recent contributions of different fields of sciences are invoked. Results are in reminding certain almost forgotten precepts of genuine liberalism, – which are the essence of the approach of servicity – and defining the adequate new angles of approaching realities in economics, in principles and pertinent proposals consistent with knowledge-based economy.

Keywords: knowledge based economy; sustainability; long run; servicity; A. Marshall (search for similar items in EconPapers)
JEL-codes: A10 B59 D01 O10 O40 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (6)

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