Economics: Challenging Dogmatism and Revolutionizing Economic Theory for Welfare
The article discusses how economics is an inexact and separate science, focusing on theories, methodology, and the structure of the field. It explores concepts like rationality, demand, and equilibrium theory, as well as the challenges of assessing economic theories. The researchers delve into the idea of economics as a science that is not always precise and can be influenced by various factors. They also examine the methodologies of Karl Popper and Imre Lakatos in relation to economic theory. Overall, the article aims to shed light on the complexities of economics as a discipline and the need for a critical approach to economic theories.