The essay I am presenting to the readers is a contribution to the methodology of scientific research, especially in the economic sciences. I wonder who scientists are and what broadly comprehended science means. Discussing these ideas I move to defining basic structures of science and next to characterizing the incorrect conceptions of scientific methods. It is a very important issue, especially as with the multiplicity of universities in Poland, in “closed” circles, pseudo-scientific groups are created, especially in the field of the so-called financial engineering or computational finance. That is why I mention F. Bacon’s theory of Idols and inductive reasoning. Finally, I recall Isaac Newton’s position on hypotheses and reductionism. I dedicate Karl Popper’s falsification, i.e. a kind of reasoning called verification, especially to young scientists. The above-mentioned reflections lead me to an issue of knowledge and truth. This way I come to a conclusion that the essence of truth is conformity of thoughts and believes with reality. I hope that my reflections will motivate the generation of young scientists to carry out competent and diligent research in the new century of omnipresent globalization.
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