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On the question of the relevance of Economics as a science: Postmodern filosofia critique

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  • Jackson, Emerson Abraham

Abstract

This article has adopted an open discourse in addressing pertinent concerns about the scientific existence of economics as a discipline. In doing so, some (critical) Filosofia arguments have been provided in ensuring that a well balanced approach is taken on the subject. Obviously, the approach of Popperian falsification used by economic science to address scientific justification through its varied scientific platform of technology applications like EVIEWS, STATA, MatLab and many more, have been applauded. Albeit such advances, the views of modern and postmodern critics have also come out saliently in a bid to ensuring open discourses are brought to the fore as a way of adding scientific value to the subject matter. In concluding, it was acknowledged that more is needed in ensuring that economic science as practiced by economists takes an open approach to critical discourse(s), reflecting reality about its pursed scientific ventures, given the persistence of economic volatility manifested across the global community.

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  • Jackson, Emerson Abraham, 2018. "On the question of the relevance of Economics as a science: Postmodern filosofia critique," MPRA Paper 86185, University Library of Munich, Germany, revised 13 Apr 2018.
    • Handle: RePEc:pra:mprapa:86185
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    Cited by:

    1. Jackson Emerson Abraham, 2017. "Theoretical and Methodological Context of (Post)-Modern Econometrics and Competing Philosophical Discourses for Policy Prescription," Journal of Heterodox Economics, Sciendo, vol. 4(2), pages 119-129, December.

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    More about this item

    Keywords

    Economic Science; Scientific Methodology; Filosofia; Postmodern Critique;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches

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