Original scientific paper

THE SUBJECT OF RIGOROUS MATHEMATICAL ECONOMIC MODELING: CRITICAL REFLECTIONS ON GWF HEGEL AND ROBERT LUCAS, JR

Joseph W.H. Lough ; Department of Economics University of California, Berkeley

Abstract

If neoclassical economic theory was born out of the conflict between Hegelian historical economic theory and rigorous Austrian mathematical modeling, the resolution of this conflict may presage the birth of a new phase in critical social and economic practice. In this article, Professor Lough critically reflects on the significance the comprehensive, rational integration of the global economy holds for theorizing social, political and economic emancipation and freedom.

Keywords

Mathematical economic modeling; Robert Lucas; Hegel; Karl Marx; End of History

Hrčak ID:

127832

URI

https://hrcak.srce.hr/127832

Publication date:

6.10.2014.

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