Abstraction as a Mother of Order?

Vladimir Avtonomov

Voprosy Ekonomiki, 2013, issue 4

Abstract: The article deals with the relation between assumptions of economic theories and their political implications. Two canons of economic science are being analyzed according to the degree of abstraction. A hypothesis is that the more abstract formal canon is connected with a liberal kind of economic policy whereas the more concrete canon presupposes an active state intervention in economic affairs. Several attempts at integrating both canons are studied separately (Marshall, Schumpeter, Eucken). Historic evidence is more or less consistent with the hypothesis stated above, but there happens to be one important exclusion: the general equilibrium theory is so abstract that it can imply opposite policies.

Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/525/525 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2013:id:525

DOI: 10.32609/0042-8736-2013-4-4-23

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().