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ROUND TABLE DISCUSSION “CHALLENGES TO ECONOMIC THOUGH...”: The Key Problem of Economic Theory in 21st Century Is the Methodological One

Iliya Balabanov

Economic Thought journal, 2006, issue 5, 73-78

Abstract: The economic theory falls behind the completely new social-economic and environmental realities in the last 10-15 years. The main problem is methodological. The new realities demand more and more persistently a common methodological approach, which is holistically-systematic both on a national and a globally-historical scale. The key to this approach is a complex of several fundamental interrelations of the highest synthetic nature. They can be defined and formalised only theoretically.

JEL-codes: B41 (search for similar items in EconPapers)
Date: 2006
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