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Theoretical and Applied Economics
No. 5 / 2014 (594)

The methodological predicament

„For the space of economic rationality to function, all individuals must do different things at different times, as must do all the markets and all the economies.”

The differentiation of goals and intentions constitutes the basis of economicity. As such, the strong argument which turns methodological individualism into a principle supports the context of the double differentiation on intentions and on goals. Without this differentiation the meaning of the term “individual” becomes a non-sense. Furthermore, the free choice of objectives and of the means for reaching them is the only formula in which individual interest is treated in a non-conflictual manner, as long as free choice is independent in space and time and not treated as part of a group.

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The methodological predicament
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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