Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought

Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought

Contemporary economics is dominated by logical positivism, a methodology that emphasizes empirical validation of theories but excludes normative evaluation. Preclassical economics was premised on normative analysis. With the growing socialist movement in the USA, especially among the millennials, wh...

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Bibliographic Details
Main Author: Thomas A. Michaud
Format: Article
Language:English
Published: International Étienne Gilson Society 2019-12-01
Series:Studia Gilsoniana
Subjects:
economics
millennials
economics education
business ethics
private property
just price
michael novak
preclassical economics
business corporation
entrepreneurship
wealth creation
Online Access:http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.desklight-a9a24f5b-7d76-43e1-9d1d-bb5ceb7db148?q=bwmeta1.element.cejsh-d0411c3a-1a18-405e-a235-6d0464a6f99d;3&qt=CHILDREN-STATELESS

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