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Abstract
The direction of economic development depends on the paradigmatic framework in which economic reality is perceived. In the framework of holistic paradigm also public and not only private goods are understood as economic goods. Correspondingly, the public sector is enclosed into economy. The individualistic approach presupposes reduction of economic reality to market and overtly or covertly negative attitude towards public sector as non-economic. The phenomenon of reflexiveness is present here. Methodological holism and methodological individualism give birth to different strategies of economic policy and finally lead to different outcomes of economic development.
Highlights
By the paradigm we understand the metatheory, methodology, and "philosophy" which provide the widest possible framework for a set of theories, doctrines proved andlor believed in and which provide the whole panorama of different aspects of the world
Holism in social science argues against the reduction of reality to the sum of individuals
Even in the framework of an individualistic understanding of economy it is practically impossible to circumvent the economic aspects of different branches of the public sector
Summary
The direction of economic development depends on the paradigmatic framework in which economic reality is perceived. Public goods as being produced in the conditions of scarcity are economic, not free goods and should belong to the system of economic concepts, on the other - public goods fall out of the sphere of economic reality, because the market which encompasses economy does not provide these goods This antinomy could be hardly resolved in the framework of the above-presented individualistic worldview. Even in the framework of an individualistic understanding of economy it is practically impossible to circumvent the economic aspects of different branches of the public sector In these cases mainly costs of their financing are discussed, while benefits are left for other social sciences - educology, political science and so on - as non-economic. We dare say most of them, should be dealt with using public regimes, which include government, but communities (both territorial and functional) as well
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