AbstractIn this ambitious book, the authors challenge mainstream economic theory by reconsidering the principle of individualism as its foundation. They refer to that version which fails to recognize the existence of the interests of society as such, and thus excludes the role of the state as an independent market player seeking to realize these interests. The outcome is a new theoretical concept called "Economic Sociodynamics". The book reveals this concept in detail, in particular its key notions of the sociodynamic multiplier and the rational behavior of the state
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Bibliographic InfoPaper provided by Institute of Economics in its series Working papers with number y:2004:a:pru175,pgr372:n:1.
Length: 188 pages
Date of creation: 06 Oct 2004
Date of revision:
Publication status: Published in Springer, 2005
economic Sociodynamics; Meritorik; methodological individualism; holism; irreducible need; public interest; the principle of complementarity; the individual utility; social utility; sociodynamic multiplier;
Find related papers by JEL classification:
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- Rubinstein, A., 2013. "Normative Vector in Economic Analysis. The Second Discovery of Meritorics," Journal of the New Economic Association, New Economic Association, vol. 17(1), pages 162-166.
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