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Theoretical and Applied Economics
No. 4 / 2007 (509)

The feelings' invisible hand

„The science plays its own role; it is incapable to legitimate the other language games... First and foremost, it is incapable to legitimate itself.”
Jean-Francois Lyotard

The economic theory is, after a long time, at a deadlock. It seems to be a crisis of grounds. The clear sign is that the call to generic regularities is done ever infrequently. Practically, the economic theory has been managementized. It treats the random. The functional fragmentation upon macro and micro levels has opened a methodological gap: the conjunctural and detail solutions have made indispensable the assembly vision. The efficiency performance, supported within Ford type organizational contexts, has proposed the way of a second fragmentation: between the nominal and the real. Thus, all the macroeconomic has been made manageable as pieces. The ontological discontinuation has justified the methodological discontinuation.


The feelings' invisible hand
Marin Dinu

Open acces




The Economicity. The Epistemic Landscape, Marin Dinu, 2016


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