Theoretical and Applied Economics
No. 8 / 2007 (513)
The epistemic failure
„Often, the physicist arrives at a better, more economical description of nature if he can formulate the laws he observes through a principle of maximization. Often, the economist can achieve a better, more economical description of economic behavior by using the same instrument.”
As long as economic decision has determinants other than
those offered by the theory, Economics will remain an exercise
of vain rhetoric. Dissecting the human mechanism of decision
making is, in general, difficult. The post-enlightment theoretical
experience strives to have rational relevance, even though in
matters of economy, as in any other activity which includes
man and his dilemmatic universe, it illustrates failure.
Contents
Measurement of the Economic Growth and Add-on of the R.M. Solow Adjusted Model
Performance in Service Marketing from Philosophy to Customer Relationship Management
Applying for a New Paradigm. Not Anti-globalization, but Alter-globalization?
Evaluarea impactului economico-social al promovarii politicilor ecologice în Delta Dunarii
Considerations Regarding the Employees Participation at Organization’s Activities. Study Case: Companies Located in West Part of Romania
The Romanian Agriculture Cooperative Movement, from the Beginning to the Threshold of the Second World War. Briefly Historic Argument or Argument for History
The Environmental Accounting: an Instrument for Promoting the Environmental Management
Considerations Regarding the Notion of “Enterprise” in the Market Economy
Modernity after Modernity