Methodological Individualism - Criticizing And Superseding Possibilities Cover Image

Metodološki individualizam u funkciji tumačenja ekonomskih pojava
Methodological Individualism - Criticizing And Superseding Possibilities

Author(s): Dragan Petrović
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Methodological individualism; methodological holism; axiom; reductionism

Summary/Abstract: Methodological process is a way of finding out the scientific truth, and, from the first economic theoreticians until today, a large number of methodological techniques have been used in the process of cognition. However, although there are many diverse scientific methods developed by the social sciences for the purpose of finding out the scientific truth, it can be said that there are two major theoretical ways of understanding and more concrete explaining of socio-economic reality: methodological individualism and methodological holism. This paper has the aim to get to the essence of the methodological individualism and the postulates it is based on. In that direction, the argumentation of different theoretical paradigms will be acknowledged, with a special accent on the relevance of the starting premises and the basic theoretical postulates of the two most influential and, probably most attractive methodological individualistic courses: the neoclassic and the Austrian school.

  • Issue Year: 2008
  • Issue No: 3
  • Page Range: 185-194
  • Page Count: 10
  • Language: English
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