Kryzys gospodarki a kryzys ekonomii jako nauki

Marcin Rohleder

Abstract

This article is the criticism of neoclassical economic theory in the context of the emergence of global economic crises. In this article, the author refers to the heterodox economic theories such as the theory of crises by Joan Robinson or Paul Krugman’s scientific heritage to which he refers the criticism of contemporary understanding of economics as a science and subsequently confronts it with actual examples of grossly inaccurate economic forecasts that played a significant role in shaping the institutional and theoretical ground for the emergence of a collapse of the global economy in 2008. In the second part of the article he presents a brief analysis of the state of the global economy from the beginning of the XIXth century to the XXIst century. The analysis is to confirm a fundamental thesis of the article about the importance of fixed assets markets conditions for the stability of the whole economic system. The article ends with the conclusion that the emergence of speculative bubbles in the fix assets markets results in severe downturns, which both financial management and mainstream economic theory are not able to adequately address. The solution of above mention problem seems to be a stronger and more consolidated state regulation of those markets.