Contemporary Economics Dilemmas, Factors And Paradoxes

Bozidar Roca and Veselin Draskovic

Montenegrin Journal of Economics, 2010, vol. 6, issue 12, 29-42

Abstract: In this article some basic economics questions related to the theoretical modeling of the economic reality, dominantly of monetary nature, as well as their importance for creators of macro economy politics, are discussed. The advantages and disadvantages of some economics theories that analyze economy dynamics are argued, particularly from the aspect of economics crisis prediction. The changing of macro economy paradigm and various attempts of creating synthesis of economics theories, are analyzed. It is pointed out the paradox concerning the stoppage of implementation (development) of economics institutes in comparison to the propagation of institutionalization and undoubting advantages of institutional pluralism. The starting hypothesis for resolving accumulated economics problems and paradoxes is in the necessity of synthesized knowledge existing and creating at least minimal synthesis of rational cores of different economics theories, among which the dominant place must be reserved to the achievements of the neo-institutional economics theory.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:6:y:2010:i:12:p:29-42

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