Artikel
The Financial and Economic Crisis and the Aberrance of Economics
Positivism-empiricism-falsificationism has become the 'state-of-the-art" methodology of economics. In this article it will be argued that this approach (1) suffers from (logical) deficiencies when applied to the science of human action and (2) has helped legitimizing, and putting into practice, policies that have actually contributed greatly to bringing about the latest financial and economic crisis. The 'Austrian", or to be more precise: the 'Misesian", method (praxeology) will be outlined as the proper methodology in the field of social science. (A2, B20, B41, B50, B53, C10)
- Language
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Englisch
- Bibliographic citation
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Journal: Credit and Capital Markets – Kredit und Kapital ; ISSN: 2199-1235 ; Volume: 46 ; Year: 2013 ; Issue: 2 ; Pages: 233-246
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Polleit, Thorsten
- Event
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Veröffentlichung
- (who)
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Duncker & Humblot
- (where)
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Berlin
- (when)
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2013
- DOI
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doi:10.3790/ccm.46.2.233
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Polleit, Thorsten
- Duncker & Humblot
Time of origin
- 2013
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