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Ontology of Orthodox Economics: Problems of Construction and Interpretation

Ivan Boldyrev ()


Abstract: The article justifies the definition of economic ontology (ontology of economics) as a study of the most general features, categories and structure which belong to reality described in economic models. The author distinguishes ontology of science from ontology of economic life (the latter often functions as a substitute for science) and points out that ontology plays a significant role in resolving theoretical debates and in making clear philosophical presuppositions of economic theory. In the case of orthodox theory mathematics and mathematical structures are suggested as formal ontology.

Date: 2008
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Handle: RePEc:nos:voprec:2008-07-8