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Economic Science and Postmodernism: Ethics Return

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  • Cosmin MARINESCU

    (Bucharest Academy of Economic Studies)

Abstract

The ideas have a fundamental importance for world’s destiny. Within the human civilization world of thinking, the scientific ideas represent the essence of logical structure of human mind and the truths about the human action and society that can be discovered by man. In this approach, I will argue why the scholar honest-mindedness must be his principle in life. In world’s vision about post-modernity, the only faith today is that everything is relative or otherwise stated that there is no ultimate criterion for making absolute hierarchies in order to distinguish truth from false. Thus has gradually appeared the less desired idea that ethical standards represent simple social conventions, fact that would impede the possibility of ethically validating a multitude of “alternative institutional arrangements”, including the ones contradictory with human nature and individual freedom. This study represents a plea for the virtues of logic and faith in truth and justice. Moreover, the original signification of the word “science” – scientia – is correct knowledge. Bearing this clarification in mind, the researchers would maybe become more responsible in calling any approach as being a “scientific” one and implicitly they would become more exigent with their own creations.

Suggested Citation

  • Cosmin MARINESCU, 2011. "Economic Science and Postmodernism: Ethics Return," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(5(558)), pages 123-134, May.
  • Handle: RePEc:agr:journl:v:5(558):y:2011:i:5(558):p:123-134
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    References listed on IDEAS

    as
    1. Tiberiu Cristian Avrãmescu & Emilia Ungureanu, 2009. "Controversies Regarding the Economic Part Played by the State in Economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 4(04(533)), pages 57-66, April.
    2. Breitenfellner, Bastian & Wagner, Niklas, 2010. "Government intervention in response to the subprime financial crisis: The good into the pot, the bad into the crop," International Review of Financial Analysis, Elsevier, vol. 19(4), pages 289-297, September.
    3. Marco Buti & Paul van den Noord, 2009. "The Euro: Past Successes And New Challenges," National Institute Economic Review, National Institute of Economic and Social Research, vol. 208(1), pages 68-85, April.
    4. Adserà, Alícia & Boix, Carles, 2002. "Trade, Democracy, and the Size of the Public Sector: The Political Underpinnings of Openness," International Organization, Cambridge University Press, vol. 56(02), pages 229-262, March.
    5. Dani Rodrik, 1998. "Why Do More Open Economies Have Bigger Governments?," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 997-1032, October.
    6. Dawn Holland & Ray Barrell & Tatiana Fic & Ian Hurst & Iana Liadze & Ali Orazgani & Vladimir Pillonca, 2009. "THE WORLD ECONOMY: Destocking in the Euro Area," National Institute Economic Review, National Institute of Economic and Social Research, vol. 208(1), pages 26-38, April.
    7. Joseph J. Spengler, 1949. "Laissez Faire and Intervention: A Potential Source of Historical Error," Journal of Political Economy, University of Chicago Press, vol. 57, pages 438-438.
    8. Ion Bucur, 2008. "The State – between Crisis and Reform," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 9(9(526)), pages 31-40, September.
    9. Ray Barrell & Tatiana Fic & Iana Liadze, 2009. "Fiscal Policy Effectiveness in the Banking Crisis," National Institute Economic Review, National Institute of Economic and Social Research, vol. 207(1), pages 43-50, January.
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    Keywords

    knowledge; economic science; methodology; ethics.;

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