The General Impossibility of Neoclassical Economics

This article recalls how neo-classical economics prides itself both on its mathematical rigour and on the universal applicability of its principles, and how, on this basis, “economics imperialism” is colonising the subject matter of the other social sciences. Critics of the mainstream have emphasise...

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Main Author: Fine, Ben
Format: Article
Language:Spanish
Published: Universidad Autónoma de Nuevo León 2011
Subjects:
Online Access:https://ensayos.uanl.mx/index.php/ensayos/article/view/77
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author Fine, Ben
author_facet Fine, Ben
author_sort Fine, Ben
collection Artículos de Revistas UANL
description This article recalls how neo-classical economics prides itself both on its mathematical rigour and on the universal applicability of its principles, and how, on this basis, “economics imperialism” is colonising the subject matter of the other social sciences. Critics of the mainstream have emphasised the conceptual and theoretical weaknesses of reliance upon axiomatic deductivism and methodological individualism of a special type, as well as denying the image that the mainstream has of itself as emulating the natural sciences. In a complementary critique, this article demonstrates, by drawing upon Russell’s logical paradoxes, how results from within mathematics itself, as opposed to its application, impose unnoticed limitations upon the scope and consistency of the mainstream. JEL Classification: B41.
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physical Ensayos Revista de Economía; Vol. 30 No. 1 (2011): MAY 2011; 1-22
Ensayos Revista de Economía; Vol. 30 Núm. 1 (2011): MAYO 2011; 1-22
2448-8402
1870-221X
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spelling ensayos-article-772023-12-11T11:04:31Z The General Impossibility of Neoclassical Economics Fine, Ben individualism holism mathematical foundations. This article recalls how neo-classical economics prides itself both on its mathematical rigour and on the universal applicability of its principles, and how, on this basis, “economics imperialism” is colonising the subject matter of the other social sciences. Critics of the mainstream have emphasised the conceptual and theoretical weaknesses of reliance upon axiomatic deductivism and methodological individualism of a special type, as well as denying the image that the mainstream has of itself as emulating the natural sciences. In a complementary critique, this article demonstrates, by drawing upon Russell’s logical paradoxes, how results from within mathematics itself, as opposed to its application, impose unnoticed limitations upon the scope and consistency of the mainstream. JEL Classification: B41. Universidad Autónoma de Nuevo León 2011-05-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article Artículo arbitrado por pares application/pdf https://ensayos.uanl.mx/index.php/ensayos/article/view/77 10.29105/ensayos30.1-1 Ensayos Revista de Economía; Vol. 30 No. 1 (2011): MAY 2011; 1-22 Ensayos Revista de Economía; Vol. 30 Núm. 1 (2011): MAYO 2011; 1-22 2448-8402 1870-221X spa https://ensayos.uanl.mx/index.php/ensayos/article/view/77/63 Derechos de autor 2011 Ben Fine https://creativecommons.org/licenses/by/4.0
spellingShingle individualism
holism
mathematical foundations.
Fine, Ben
The General Impossibility of Neoclassical Economics
thumbnail https://rediab.uanl.mx/themes/sandal5/images/article.gif
title The General Impossibility of Neoclassical Economics
title_full The General Impossibility of Neoclassical Economics
title_fullStr The General Impossibility of Neoclassical Economics
title_full_unstemmed The General Impossibility of Neoclassical Economics
title_short The General Impossibility of Neoclassical Economics
title_sort general impossibility of neoclassical economics
topic individualism
holism
mathematical foundations.
topic_facet individualism
holism
mathematical foundations.
url https://ensayos.uanl.mx/index.php/ensayos/article/view/77
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