Looks at the differences in new and old methodology with regard to economics and discusses the theories laid down by Quesnay and Smith in the eighteenth century, and also the modern revolution started by Malthus (1820). Further discusses the variations in thought by all the great thinkers in this discipline and shows improvements or errors made by them. Concludes that there will be further breakthroughs and that there are no boundaries involved in this sphere.
International Journal of Social Economics – Emerald Publishing
Published: May 1, 2000
Keywords: Research; Economics; Methodology
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