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The Problem of Time

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DOI: 10.4236/me.2014.53026    3,571 Downloads   5,093 Views  

ABSTRACT

Time is a difficult topic for the scientist. This paper investigates how this particular subject is considered in economics today and what the implications are. We demonstrate that today orthodoxy has avoided to treat the temporal element, creating a dangerous contradiction at its inside. A reconsideration of time has to be formulated, since the reintegration of the chronological entity offers better interpretations for several phenomena such as economic crisis.

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Chong, L. and Balestra, L. (2014) The Problem of Time. Modern Economy, 5, 250-258. doi: 10.4236/me.2014.53026.

Conflicts of Interest

The authors declare no conflicts of interest.

References

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