The infirmity of the Economist Brothers, or the nature of laws Cover Image

Niemoc Braci* Ekonomistów czy natura praw
The infirmity of the Economist Brothers, or the nature of laws

Author(s): Stanisław Kowalczyk
Subject(s): Supranational / Global Economy, Marxist economics, Socio-Economic Research
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: economics; the nature of economic laws; science; mainstream and non- mainstream in economics; the scale of diversity of economic schools;

Summary/Abstract: The aim of the article is to identify the basic sources of weakness in economics as a scientific discipline in the effective diagnosis and prediction of the future course of economic events and their consequences. In other words, the causes of the titular infirmity of economists, as well as the multitude of opinions, positions, and fi- nally theories typical of this discipline, occurring in parallel, at the same time, in relation to the same periods and economic and market events. The main thesis of the article assumes that the basic reason for the inability of economists to unanimously diagnose past economic events and accurately decide on their future course is the very nature of economic phenomena and processes, implying the ambiguity and vagueness of the views expressed, while the parallel multiplicity of views is a simple consequence of the nature of economics. as an inherently heterogeneous discipline, which requires the cooperation of the com- munity and the acceptance of different views, and not dividing them into the right ones and the negated ones, i.e. those that do not deserve recognition. In connection with the research objective outlined in this way and the main thesis formulated, the conducted analyzes are of a non-reactive nature, in which methods such as content analysis and historical-comparative research were used.

  • Issue Year: 67/2023
  • Issue No: 1
  • Page Range: 5-22
  • Page Count: 18
  • Language: Polish