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The Impossibility of a Theoretical Science of Economic Dynamics

F. S. C. Northrop

Yale University

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.

DOI

10.2307/1883027

Volume

56 (1)

Pages

1

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