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Theoretical and Applied Economics
No. 7 / 2012 (572)

The economic antinomy

„The strategy of considering that there is an academic science, meant for teaching, interested in the discourse, respectable but out of touch with reality, on the one hand, and a living science, centred on fact and practiced by way of an expertise which is sensitive to ideological preferences, on the other hand, opens a conceptual rift and produces the prooffor the epistemological immaturity of Economics.”

Economics builds its credibility in an improper manner: it is forced to answer to challenges from outside its field of relevance, and the solutions forwarded for specific problems are applied through political programs.

If we admit that Economics has fixed its methodological universe within the human action's perimeter of rationality, it seems clear that its cognitive performance does not support its practical one. For things to be in their right place, Economics would have to be able to limit itself to its sphere of meaning, while the solutions to problems of rationality should not be intermediated by political means.

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The economic antinomy
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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