Mainstream economics merges theory and reality, challenging traditional economic views.
The article discusses how mainstream economics, particularly new classical macroeconomics, views the world through a specific lens based on the Crisis by Edmund Husserl. It explores whether mainstream economics accurately reflects the real economic world. Mainstream economics has evolved from separating ideal models from reality to merging them together. However, there are concerns that while new classical macroeconomics aims to provide a realistic picture of the real world, it still relies on the pure theory approach of neoclassical theory. The article also delves into the common methodological roots of mainstream economics and Newtonian physics, highlighting Platonism as the intellectual foundation that influences both modern natural sciences and economics.