Abstract

So far, the aim of this book has been to discuss the logical (or epistemological) basis of ‘economics’ and its historical evolution from its origins to today. The implicit question on every page in this book has been: have we achieved in modern economic science some certainty about its use, in order to arrive at results in managing targeted objectives in the development of human communities? More specifically, have we achieved enough certainty to overcome the welfare crises that emerge, from time to time, in these communities, and therefore in avoiding a decline in the welfare level of the communities in question?

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