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The Impossibility of a Theoretical Science of Economic Dynamics

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  • F. S. C. Northrop
Abstract
No scientific theory of economic dynamics exists, 1. — The basic concepts and postulates of contemporary economic theory, 3. — The method of constructing and verifying traditional economic theory, 6. — Theoretical dynamics of Newtonian mechanics, 8. — Economics compared with physics, 10. — Bearing of this upon the possibility of a theoretical economic dynamics, 12. — The precise capacity of contemporary economic theory, 13. — Diagrammatical summary, 16.

Suggested Citation

  • F. S. C. Northrop, 1941. "The Impossibility of a Theoretical Science of Economic Dynamics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 56(1_Part_1), pages 1-17.
    • Handle: RePEc:oup:qjecon:v:56:y:1941:i:1_part_1:p:1-17.
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    File URL: http://hdl.handle.net/10.2307/1883027
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    Cited by:

    1. Kakarot-Handtke, Egmont, 2010. "Axiomatic Basics of e-Economics," MPRA Paper 24331, University Library of Munich, Germany.

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