Completions to Marshallian Out-Look, Consistent With Knowledge Based Economy
Paper aims at bringing completions to the neoclassical viewpoint in Economics, in the purpose of better according economic research to the actual needs of the economy. Research starts from certain principles of widening economic logics, involving recent economic realities and tendencies, in an interdisciplinary approach, with implications and emphasis mostly on the social field, sustainability and environment. The developments Alfred Marshall brought to the neoclassical approach (taking-back his contributions for the connections between classicism and neo-classicism) are furthered, in extensions suitable to knowledge society. More recent contributions of different fields of sciences are invoked. Results are in reminding certain almost forgotten precepts of genuine liberalism, – which are the essence of the approach of servicity – and defining the adequate new angles of approaching realities in economics, in principles and pertinent proposals consistent with knowledge-based economy.
Volume (Year): 4 (2011)
Issue (Month): 1(13) ()
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- Guruswamy Babu, P. & Kavi Kumar, K. S. & Murthy, N. S., 1997. "An overlapping generations model with exhaustible resources and stock pollution," Ecological Economics, Elsevier, vol. 21(1), pages 35-43, April.
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