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Theoretical and Applied Economics
No. 6 / 2008 (523)

The epistemic apocalypse

„I would plead in favor of a return to the Great Problems, in order to push back the present trend of fragmentation and incoherence in science”

John L. Casti

In spite of some official assumptions, economic research remains quartered in a methodological space with unclear references. The pretentious small talk among empiricism and historicism still is a source of motivation for the critical positioning. Unfortunately, that which gets reduced to empiricism in economical research proves to be an analysis of statistical data, as historicism still resembles the incrementum - decrementum type of story.

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