Tag Archive | "classical economics"

Artificial Economy

This paper proposes to eliminate a routine in the economic thinking, claimed to be responsible for the negative essence of economic developments, from the point of view, of the ecological implications (employment in the planetary ecosystem).

The methodological foundations start from the natural origins of the functionality of the human economic society according to the originary physiocrat liberalism, and from specific natural characteristics of the human kind.

This paper begins with a comment-analysis of the difference between natural and artificial within the economy, and then explains some of the most serious diversions from the natural essence of economic liberalism. It shall be explained the original (heterodox) interpretation of the Classical political economy (economics), by making calls to the Romanian economic thinking from aggravating past century. Highlighting the destructive impact of the economy – which, under the invoked doctrines, we call unnatural – allows an intuitive presentation of a logical extension of Marshall’s market price, based on previous research.

Besides the doctrinal arguments presented, the economic realities inventoried along the way (major deficiencies and effects, determined) demonstrate the validity of the hypothesis of the unnatural character and therefore necessarily to be corrected, of the concept and of the mechanisms of the current economy. The results of this paper consist of original heterodox methods presented, intuitive or developed that can be found conclusively within the key proposals for education and regulation.

  Artificial Economy (733.5 KiB, 3,275 hits)

Posted in Economics, Issue no. 5