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Theoretical and Applied Economics
No. 7 / 2008 (524)

The crisis of winning

„I hope that one of the sacrifices of this crisis
will not be financial self-regulation,
as the main mechanism of equilibrium in the world of finance.”
Alan Greenspan

The increasingly manifest inadequacies between the solutions of economic theory and the results of reality's evolutions point to a significant fact: the economic theory is in crisis! More and more people seem to accept this truth. Somewhat distressed, the recognition of the crisis affects the prestige of economic theory twice: once through self-blaming, and secondly through silence over the fundamental causes of the crisis.

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The crisis of winning
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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