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Theoretical and Applied Economics
No. 4 / 2010 (545)

The Crisis of Reflexivity

„When performing economic analyses, facts could amaze (fascinate or blind) us to such an extent that we can no longer see the idea to which they belong.”

A ghost roams free on the inside of knowledge: the present economic crisis could belong to that category of fluctuations represented by the behavior of the fundamental elements of nature. The suggestion is that, similar to states removed from equilibrium (where the effect of the law of bifurcation takes place), both in the depth of economic facts as well as in their ideational reflection (in Economics) an alternative opening occurs, a contextually different passage emerges, another level of complexity which demands another level of interpretation.

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The Crisis of Reflexivity
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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