Subject of Economic Science

Author(s):  
D. Egorov

Adam Smith defined economics as “the science of the nature and causes of the wealth of nations” (implicitly appealing – in reference to the “wealth” – to the “value”). Neo-classical theory views it as a science “which studies human behavior in terms of the relationship between the objectives and the limited funds that may have a different use of”. The main reason that turns the neo-classical theory (that serves as the now prevailing economic mainstream) into a tool for manipulation of the public consciousness is the lack of measure (elimination of the “value”). Even though the neo-classical definition of the subject of economics does not contain an explicit rejection of objective measures the reference to “human behavior” inevitably implies methodological subjectivism. This makes it necessary to adopt a principle of equilibrium: if you can not objectively (using a solid measurement) compare different states of the system, we can only postulate the existence of an equilibrium point to which the system tends. Neo-classical postulate of equilibrium can not explain the situation non-equilibrium. As a result, the neo-classical theory fails in matching microeconomics to macroeconomics. Moreover, a denial of the category “value” serves as a theoretical basis and an ideological prerequisite of now flourishing manipulative financial technologies. The author believes in the following two principal definitions: (1) economics is a science that studies the economic system, i.e. a system that creates and recombines value; (2) value is a measure of cost of the object. In our opinion, the value is the information cost measure. It should be added that a disclosure of the nature of this category is not an obligatory prerequisite of its introduction: methodologically, it is quite correct to postulate it a priori. The author concludes that the proposed definitions open the way not only to solve the problem of the measurement in economics, but also to address the issue of harmonizing macro- and microeconomics.

2020 ◽  
pp. 1-37
Author(s):  
MANISHA SETHI

Abstract A bitter debate broke out in the Digambar Jain community in the middle of the twentieth century following the passage of the Bombay Harijan Temple Entry Act in 1947, which continued until well after the promulgation of the Untouchability (Offences) Act 1955. These laws included Jains in the definition of ‘Hindu’, and thus threw open the doors of Jain temples to formerly Untouchable castes. In the eyes of its Jain opponents, this was a frontal and terrible assault on the integrity and sanctity of the Jain dharma. Those who called themselves reformists, on the other hand, insisted on the closeness between Jainism and Hinduism. Temple entry laws and the public debates over caste became occasions for the Jains not only to examine their distance—or closeness—to Hinduism, but also the relationship between their community and the state, which came to be imagined as predominantly Hindu. This article, by focusing on the Jains and this forgotten episode, hopes to illuminate the civilizational categories underlying state practices and the fraught relationship between nationalism and minorities.


Author(s):  
Ahmet Doğan ◽  
Emin Sertaç Arı

Today, a company continues its activities in a highly competitive environment regardless of the sector in which it operates. An important point has been emphasized in many developments by experienced managers and academics which have been released to the public. From marketing to finance, human resource management, auditing and planning, all business processes have entered an incredible innovative process. One of the topics in this process is big data. When cumulative data are not used, they cannot transcend being huge piles of garbage. However, it is not possible to analyze such large, complex, and dynamic data via conventional methods. At this point, the concept of big data has emerged. In this study, after the explanation and definition of the concept, a vast literature review was conducted in order to present the relationship of big data with IoT, big data-related topics, and academic researches on big data. Afterwards, real-life enterprise applications were exemplified from various industries.


UK Politics ◽  
2021 ◽  
pp. 171-191
Author(s):  
Andrew Blick

This chapter starts with a definition of the term ‘referendum’. A referendum is a means of involving the public in political decisions via voting on specific issues such as leaving the European Union. The chapter focuses on the use of referendums at the local level. It sets out the key features of a referendum. Who is allowed to vote in referendums? What sort of questions are put to voters? Under want circumstances should a referendum take place on specific issues? What are the risks associated with holding a referendum? The chapter also looks at regulations surrounding referendums in the UK. The theoretical considerations that the chapter examines are the fact that a referendum subject tends to be controversial, the relationship between referendums and direct democracy and the implications of the results.


2020 ◽  
Vol 27 (1) ◽  
pp. 262-286
Author(s):  
Tamara Tkach ◽  
Anatoliy Tkach ◽  
Ivan Rekun

Introduction. The article is devoted to the issues of multidisciplinary interaction in new scientific fields, which involve a wide variety of convergences, no matter how strange at first glance they may seem. One of these phenomena is the interaction of psycholinguistics and neuroeconomics. The goal. The article examines the transition of modern science to multidisciplinary discourse, which makes it necessary to conceptualize and possibly operationalize methods of psycholinguistics. The conceptualization of new areas of neuroeconomics, in a psycholinguistic context, presupposes a certain mental experience that includes, in addition to the processes of creating new concepts and contextual economic knowledge, also defining the role of interests, intentions, emotions in human economic activity. Methods. Multivariate analysis, comparative analysis, extrapolation. Results. It is proved that in recent decades the development of new areas of economic science, namely those related to the development of neuroeconomics, has significantly expanded the field of psycholinguistics. The production of new paradigms of economic theory, the formation of the corresponding definitions, objects requires the design and definition of them both in form and in content. It considers the need for a theoretical and orderly definition of the functional meaning of the psycholinguistic context of new definitions, the result of which can be a conceptual system for communication between specialists in various fields of science at the level of their professional understanding. It seems that the central issues in the psycholinguistic discourse of neuroeconomics have become the relationship between economics, psychology, linguistics and psycholinguistics. Such connection is undoubtedly of a multidisciplinary nature, which contributes to the deepening of the relationship between scientific thought, culture and language and became the impetus for understanding the nature of human cognition at a higher, multidisciplinary level of development of science. This is a necessary component for understanding the meanings and structure of concepts, terms and definitions, as well as communications at a higher scientific level. Conclusions. It is concluded that new areas of neuroeconomics such as behavioral economics, behavioral finance, emotional economics, psychological economics, have become areas of economic theory that, explicitly or implicitly, take into account the psychological characteristics of human perception and behavior in the process of economic activity. These definitions catalyze the theoretical integration of various scientific fields, and, above all, psycholinguistic science.


Author(s):  
L. Semenenko ◽  
O. Semenenko ◽  
A. Efimenko ◽  
Y. Dobrovolsky ◽  
S. Stolinets

The article reveals the authors' views on the definition of the functions, structure of the military-economic science, its potential and development prospects in modern conditions of the relationship between war and economy.Military science and the military economy are linked by a common object of research, which is - war. The military economy makes recommendations on the most expedient economic policy within the military development of the country's armed forces, in order to address the issues of comprehensive provision of military (defense) needs of the state.The development of their own Armed Forces requires the creation of certain optimal conditions for their livelihoods. Creating and substantiating these conditions is one of the main tasks of military-economic science. Today, the main objective that it faces in the development of the Armed Forces should be to help the Government and the Ministry of Defense of Ukraine, based on military groups located on the territory of Ukraine, to create their own Armed Forces that must meet the necessary (definite) level of military hazards, and also be economically feasible for Ukraine.Military-economic science studies economic processes and relationships that arise in connection with the preparation, conduct of the war by its localization and evasiveness. Military-economic science has its own laws, for example, the economic development of the country depend: the course and consequences of the war; defense capability of the state; moral spirit of personnel; development of armament and military equipment; the combat capability of the Armed Forces, etc.The main results of the article are the definition of: the main directions of the development of military-economic science; the basic principles of satisfaction of material and military-economic needs of the state; ways to meet military and economic needs, as well as the main issues of satisfaction of military and economic needs.In modern conditions, the relationship between war, politics and the economy has become more durable. The economy began to directly participate in the preparation and conduct of the war. Therefore, the national economy must be well prepared for the war and for the economic provision of its own Armed Forces.


1999 ◽  
Vol 21 (4) ◽  
pp. 369-397 ◽  
Author(s):  
Samuel Hollander ◽  
Sandra Peart

Our concern is John Stuart Mill's methodological pronouncements, his actual practice, and the relationship between them. We argue that verification played a key role in Mill's method, both in principle and in practice. Our starting point is the celebrated declaration regarding verification in the essay On the Definition of Political Economy; and on the Method of Investigation Proper to It (1836/ 1967; hereafter Essay): “By the method à priori we mean … reasoning from an assumed hypothesis; which … is the essence of all science which admits of general reasoning at all. To verify the hypothesis itself à posteriori, that is, to examine whether the facts of any actual case are in accordance with it, is no part of the business of science at all, but of the application of science” (Mill 1836/1967, p. 325). The apparent position that the basic economic theory is impervious to predictive failure emerges also in a sharp criticism of the à posteriori method:


2017 ◽  
Vol 29 (3) ◽  
pp. 600-619
Author(s):  
Alison Rieser

In late eighteenth-century Britain, Adam Smith was the most influential thinker to offer advice on fisheries policy. In The Wealth of Nations, Smith argued that subsidized, offshore fishing vessels were being built to catch subsidies, not fish. He argued that the tonnage bounties, intended to promote an export trade in herring, had instead raised local food prices and destroyed the Scottish small-boat fishery. This article describes the parliamentary inquiries this criticism joined, including whether public subsidies could help to build a British fishery at an appropriate scale. Speculating on the relative role of politics, geography and Enlightenment thinking in the parliamentary debate, it concludes that the herring itself made the public subsidies system succeed. The ‘Grand Shoal’ known in earlier decades reassembled along the Scottish coasts, and catches by vessels of all sizes increased dramatically. When, by 1799, British herring catches equalled the Dutch fishery at its peak, the ‘fickle’ herring made Adam Smith’s experiment in fish policy and politics a success.


2019 ◽  
Vol 11 (2) ◽  
pp. 24-32
Author(s):  
Alexander M. PRILUTSKII

Introduction. The article is devoted to a comparative analysis of two “monkey courts”: held in America in 1925 and in Russia, St. Petersburg in 2007. The author analyzes the data of the court in the context of the specifics of religious fundamentalism and its literal hermeneutics of Scripture. The article analyzes the methods of PR technologies used by the parties of both processes, advertising strategies aimed at attracting public attention in the participants of court hearings. The background of the trials and the decisions taken are described, which in both cases testified to the defeat of the radical creationists. Methods. The article implements the methodology of religious studies based on the methods of hermeneutic research and comparative historical analysis.Results. Studies have shown that both trials unite not only the carnival character, a certain provocative lack of seriousness, a priori present in both precedents, but also a close pragmatic focus: the participants tried to use the judicial incident for advertising purposes, as an informational occasion, to draw attention not so much to socially important issues, which in the course of the courts more and more receded into the background, but to specific actors of this public script, which is pronounced modernist in nature. Conclusions. Both processes caused some damage to the public image of religious circles that were associated in public consciousness with the plaintiffs - however, in this respect, the negative effect of the Dayton process turned out to be more significant. The phenomenon of “monkey processes” argues in favor of the assumption of the am


Author(s):  
Marina Perez

The current city calls for the reconsideration of a close relationship between gray infrastructure and public spaces, understanding the infrastructure as a set of items, equipment, or services required for the functioning of a country, a City. Ambato, Ecuador, is a current intermediate city, has less than 1% of the urban surface with use of public green spaces, which represents a figure below the 9m2/ hab., recommended by OMS. The aim of this paper was to identify urban public spaces that switches of green infrastructure in the city today, applying a methodology of qualitative studies. With an exploratory descriptive level analysis, in three stages, stage of theoretical foundation product of a review of the existing literature, which is the theoretical support of the relationship gray infrastructure public spaces equal to green infrastructure. Subsequent to this case study, discussed with criteria aimed at green infrastructure and in the public spaces of the study area. Finally, after processing and analysis of the results, we provide conclusions for urban public space as a definition of the green infrastructure of the current city of Latin America; in the latter, the focus is to support this article.


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