MENŠÍK, Josef. Mathematics and economics: the case of Menger. Journal of Economic Methodology. 2015, vol. 22, No 4, p. 479-490. ISSN 1350-178X. Available from: https://dx.doi.org/10.1080/1350178X.2015.1024881.
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Basic information
Original name Mathematics and economics: the case of Menger
Authors MENŠÍK, Josef (203 Czech Republic, guarantor, belonging to the institution).
Edition Journal of Economic Methodology, 2015, 1350-178X.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher United Kingdom of Great Britain and Northern Ireland
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/00216224:14560/15:00082857
Organization unit Faculty of Economics and Administration
Doi http://dx.doi.org/10.1080/1350178X.2015.1024881
UT WoS 000366836200004
Keywords in English Carl Menger; types; social ontology; abstraction; mathematics; economics
Tags International impact, Reviewed
Changed by Changed by: Mgr. Josef Menšík, Ph.D., učo 1248. Changed: 29/1/2024 19:17.
Abstract
Carl Menger's methodology describes reality as neatly organized, being constructed additively from strictly regular simple elements called pure types. Such a conception of the world's structure seems to invite mathematical treatment. Yet, his economics is not a mathematical one, and he even explicitly rejected mathematical approach to economics. This apparent puzzle is explained by Menger's failure to deliver in his methodological writings a realistic portrayal of what he was actually doing in his economics. His implicit ambition to retain the full meaning of the natural language concepts while using them simultaneously as theoretical concepts makes his economics dependent on the general human knowledge. Because the latter is mostly non-mathematical, so has to remain the former. This makes his economics both richer as well as fuzzier as compared with mathematical economics. This seems to be the result of a deliberate decision to keep his economic theory more realistic.
Links
MUNI/A/0767/2012, interní kód MUName: Společenská ontologie a epistemologie společenských věd (Acronym: BESOG)
Investor: Masaryk University, Category A
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