Tag Archives: Valoare economică
“The Recent Economist”: Between Scientific Relativism and the Recourse to Ethics
In society’s evolution, ideas are the essential ferments of any change. There are no implacable laws of history and the future is not written in the stars or, to the “delight” of (macro) contemporary supporters of quantitative approaches, in the cyber-economic models that became the sterile fashion of economics journals – where exactly ‘economics’ is the endangered scientific
Why Marginal Utility Can Never Be Negative
Nowadays, there is no mainstream economics textbook that won’t dedicate entire pages, full with theory and applications, to the various formalized analyses of utility. “Objective functions” that can be wonderfully derived, mathematical algorithms that have an impeccable sequence, sophisticated graphics with or without inflection points and so on, all these make up an entire teaching