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The Economic Paradigms And Economic Neoliberalism

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  • Sergio Reuben Soto

    (Universidad Costa Rica)

Abstract

In the article, the concept of scientific paradigm proposed by Thomas Kuhn is associated with the developments of the main rational models of economic behavior’s explanation within the framework of the General Equilibria perspective. Immediately, an analysis is made of the main hegemonic theoretical streams of the Economy, identifying them as an epistemological dynamics itself; so that, as Kuhnian paradigms, they undergo transformations due to the concrete facts and hegemonistic dynamics of the different groups of researchers and their ideological perspectives. This is intended to make clear the social nature of economic science and the influence of political-ideological factors on it and its economic policies proposals.

Suggested Citation

  • Sergio Reuben Soto, 2020. "The Economic Paradigms And Economic Neoliberalism," 'Oikos Polis', Revista Latinoamericana de Ciencias Económicas y Sociales (RLCES), Instituto de Investigaciones Economicas y Sociales 'Jose Ortiz Mercado' (IIES-JOM), Facultad de Ciencias Económicas, Administrativas y Financieras, Universidad Autonoma Gabriel Rene Moreno, vol. 5(2), pages 1-20.
    • Handle: RePEc:grm:oikosp:202004
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    File URL: https://files.uagrm.edu.bo/entidad/161/file/indexed/repec/grm/oikosp/202004.pdf
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    More about this item

    Keywords

    Economic Theory; Economic currents; Economic Schools; Economic Paradigms; Neoclassical Synthesis; Real Business Cycle; RBC; Neo-Keynesians; Dynamic; Stochastic General Equilibria; DSGE; Economic policy.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B19 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Other
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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