PL EN


2008 | 55 | 4 | 333-343
Article title

The symmetries of the Goodwin Model. Contradiction and reconciliation among economic paradigms

Title variants
Languages of publication
HU
Abstracts
EN
Recognition of the duality and symmetries of economic motion offers researchers a new concept. As in the sciences of the last century, the debate between 'causes' and 'objectives' dies down. The basic question today is not seemingly contradictory paradigms or logical rivalry among schools, but correct and easily measurable description of the movement. In seeking a simpler and more comprehensible explanation, the authors examine the mathematical methods of creating theories and models. For this reason, they examine the cycle model of Goodwin, which is accepted by both schools. The causal or teleological explanation and the criteria of costs and of output are equally satisfactory, and a realistic description of economic cycles is arrived at by analysing the calculation practice of a model that satisfies and is based upon both.
Year
Volume
55
Issue
4
Pages
333-343
Physical description
Document type
ARTICLE
Contributors
author
author
  • Andras Brody, no address given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10HUAAAA078617
YADDA identifier
bwmeta1.element.606f6c2b-ad86-34ff-83c8-1b02d0abcfa1
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.