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- Title
ON THE PROBLEM OF SCARCITY.
- Authors
Gervai, Pál; Trautmann, László
- Abstract
A radical change had occurred in the definition of the economics in Central and Eastern Europe at end of the 80's. Since then, the theoretical economists focused their attention on the concept of scarcity. This shift was strongly connected to the theoretical turn that pointed from the political economics towards the economics in the Western sense. In the paper, firstly, we argue that even the definition of the economics in the Western sense was not always attached to the concept of scarcity, and the scarcity was part of the economic thinking only in the 20thcentury. Secondly, we emphasize that the adaptation of the economics in the Western sense cannot be successful in Central and Eastern Europe based merely on the concept of scarcity. The scarcity, and particularly its Central and Eastern European interpretation will not promote the adaptation of the Western managerial culture, on the contrary, it preserves the bad technical-managerial traditions whose liquidation was the real sense of the transition. Finally, we make a suggestion for a new approach of the definition of the economics due to the above mentioned. The examination of the philosophical basis of the economic thinking is an indispensable part of this approach. Our standpoint is that the economics - as every science - has its own philosophical basis, and dealing with this basis is the integral part of the theoretical economics. The economics of Central and Eastern Europe has a certain tradition that banks on it and this can be the comparative advantage of the economic research undertaken in this paper. The rebirth of the political economy in this sense is a perceptible tendency in the region.
- Subjects
EASTERN Europe; CENTRAL Europe; SCARCITY; RESOURCE allocation; ECONOMIC forecasting; ECONOMIC indicators; ECONOMIC conditions in Central Europe; ECONOMIC conditions in Eastern Europe
- Publication
Transylvanian Review of Administrative Sciences, 2009, Issue 25E, p51
- ISSN
1842-2845
- Publication type
Article