Implementation of the Evolutionary-Genetic Methodology in the Mechanisms of Synthesis of Economic Theory

Olga Brizhak (), Svetlana Gladkaya () and Evgeny Martishin ()
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Olga Brizhak: Financial University Under the Government of the Russian Federation
Svetlana Gladkaya: Southern Federal University
Evgeny Martishin: South Russian State Polytechnic University

A chapter in Consequences of Social Transformation for Economic Theory, 2023, pp 35-49 from Springer

Abstract: Abstract The article reveals the evolutionary-genetic mechanism of the modern systemic synthesis of a number of economic theory areas, including conservative and liberal approaches, mainstream and political economy, orthodoxy and unorthodox economic theory, institutionalism and evolutionary economics, etc. The tools of the research methodology are evolutionary-genetic mechanisms, the logical-semiotic nature of economic genes and the genotype of the system, genotypic concepts and their frames, other gene categories, as well as a block-modular approach. The primary module of the economic genotype forms the “hereditary program” of the secondary module−economic concepts, logical judgments and conclusions, decision-making, as well as the main stages of the economic system evolution and economic teachings. Classical political economy forms the evolutionary foundation of modern economic theory system logics. The concepts of the value paradigm are a prerequisite for the functioning of subsequent paradigms. The secondary module is based on a logical-structural approach. The second system block is formed with the help of economic genetic mechanisms of morphogenesis, replication, transcription and translation. Stochastic factor analysis methods are used. Conservatism and liberalism are manifested in modern Keynesian and classical approaches. Theories of motivation have their genetic basis descriptors-categories. The genetic unity of economic theory directions is substantiated due to the identity of its original subject, the relations between the main spheres of economic theory.

Keywords: Synthesis in economic theory; Evolutionary genetics (search for similar items in EconPapers)
JEL-codes: B10 B41 B52 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-27785-6_3

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DOI: 10.1007/978-3-031-27785-6_3

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