The Problem of Global Rationality

Aleksander Łukaszewicz
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Aleksander Łukaszewicz: University of Warsaw

Chapter 4 in The Relevance of Economic Theories, 1980, pp 47-64 from Palgrave Macmillan

Abstract: Abstract Redefining the concept of economic rationality is as desirable as it is difficult. What I am going to attempt is simply to propose some lines of reasoning. The emphasis throughout will be on the growing role of macro rationality; this includes the fact that, parallel to the strengthening of its foundations, another line of thought and activity is emerging — the problem of global rationality.

Keywords: Economic Rationality; Global Rationality; Socialist Economy; Goal Function; Command Economy (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16443-1_4

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DOI: 10.1007/978-1-349-16443-1_4

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