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Theoretical and Applied Economics
No. 8 / 2012 (573)

Political macroeconomics

„Macroeconomics contaminates its principles in subordination to the societal contingent, in a way, creating states of coerced generality by contextualising the truth and circumstantiating the solutions through the adjustment of hypotheses.”

A few elements blur the epistemic perception of Economics: the hegemonic position of Macroeconomics in interpreting phenomena, the substitution of Microeconomics with company management, the methodological principle of financiarisation, the prevalence of the short-term analytical perspective, the compartmentalisation of the explanation for the human behaviour into transactional medium and other parts. The consequences of the conceptual positioning on these elements are found in the manner in which Economics explains the mechanisms which satisfy the expectations on the finality of the function of economic action.

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Political macroeconomics
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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