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Theoretical and Applied Economics
No. 3 / 2014 (592)

The methodological cat

„Economics understands action as having the connotation of here and now, the proof being that it excessively uses, for explicative purposes, two limitations of sense: space is seen as the place with a private destination (through the cognitive dissonance of methodological individualism), and time is seen as the short term (through the dystopia of rational markets).”


The human condition finds itself under the influence of an undefined, yet unitary group of factors. Economic analyses bypass this cognitive difficulty by considering only a limited number of factors. Usually, the influencing factors are identified in correlation with the components of the human condition: labour, work and action. Their enumeration varies both thematically and according to the vision on the role of economic fundamentals. Because economic theories are concurrent in the creation of the premises on which political decisions are based, there isn’t any unanimously recognised order of prevalence for the factors.

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