IDEAS home Printed from https://ideas.repec.org/a/ere/journl/v30y2011i1id77.html

The General Impossibility of Neoclassical Economics

Author

Listed:
  • Ben Fine

Abstract

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.

Suggested Citation

  • Ben Fine, 2011. "The General Impossibility of Neoclassical Economics," Ensayos Revista de Economía, Universidad Autónoma de Nuevo León, vol. 30(1), pages 1-22, May.
    • Handle: RePEc:ere:journl:v:30:y:2011:i:1:id:77
    DOI: 10.29105/ensayos30.1-1
    as

    Download full text from publisher

    File URL: https://ensayos.uanl.mx/index.php/ensayos/article/view/77
    File Function: Abstract page
    Download Restriction: no
    File URL: https://ensayos.uanl.mx/index.php/ensayos/article/download/77/63
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.29105/ensayos30.1-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ere:journl:v:30:y:2011:i:1:id:77. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Revistas UANL (email available below). General contact details of provider: https://ensayos.uanl.mx/index.php/ensayos .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.