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Economic methodology in retrospect (On the book by V. M. Yefimov "Contested economic science: The other methodology, history and research practices")

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  • P. Orekhovsky

Abstract

The paper overviews the basic ideas of the book and focuses on the author’s proposal to move towards a research university model and the implementation of constructivist economic analysis. Yefimov offers a radical rethinking of the history of economic science, negatively assesses the emergence of neoclassical mainstream, and rehabilitates the German historical school and the American (old) institutionalism. The book analyzes retrospectively within a wide political and economic context how theoretical beliefs of prominent economists came into being. It contains personal reflections and research experience, as well as relatively unfamiliar biographical data of different reputable scholars.

Suggested Citation

  • P. Orekhovsky, 2016. "Economic methodology in retrospect (On the book by V. M. Yefimov "Contested economic science: The other methodology, history and research practices")," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
  • Handle: RePEc:nos:voprec:y:2016:id:226
    DOI: 10.32609/0042-8736-2016-8-149-155
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