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Epistemic and Economics

In: Islamic Economics as Mesoscience

Author

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  • Masudul Alam Choudhury

    (Trisakti University
    University of Toronto)

Abstract

The theme of ethico-economics is introduced in terms of the interactive, integrative, and evolutionary learning properties of the epistemology of unity of knowledge. The attenuating methodology yields a unique and universal model of circular causation between the selected complementary variables. The circular causation model conveys the empirical possibility of ethico-economic problem-solving in the context of the epistemology of unity of knowledge. The empirical perspectives of epistemic and economics and the conforming formalism of unity of knowledge open up a vast coverage of policy-theoretic and strategic studies that contest with and provide distinctively different results and their explanations in the framework of heterodox economic theorizing involving ethico-economics.

Suggested Citation

  • Masudul Alam Choudhury, 2020. "Epistemic and Economics," Springer Books, in: Islamic Economics as Mesoscience, chapter 0, pages 1-18, Springer.
    • Handle: RePEc:spr:sprchp:978-981-15-6054-5_1
    DOI: 10.1007/978-981-15-6054-5_1
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    More about this item

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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