The Method of Ontological Unification in Economics: Some Neglected Aspects
The Method of Ontological Unification in Economics: Some Neglected Aspects

Summary/Abstract: The paper focuses on the method on ontological unification in economics. It briefly reviews the literature dealing with various understandings of unificationist projects in economics. Next it puts emphasis on some interesting issues concerning the method of unification that did not attract much attention in the literature. Thus, the paper deals with the issue of the structure of ontologically unified theories and the process of their formation. It also analyses the problem of the nature of ontologically unified theories, i.e., their relation to their predecessors. Moreover, it raises the ethical issues concerning the method of ontological unification, including its relation to the concept of truth (in its correspondence version). The paper finishes by asking the question whether more unified theories offer better explanations and also whether they are closer to the truth.

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