New and Old Foundations of Economic Analysis

Abstract

The first Principia Mathematica (1686) by Sir Isaac Newton with reference to natural philosophy and his system of the world has largely contributed to the first revolution in scientific thinking in modern times. It has created the conceptual basis of modern science in the classical tradition by providing the tools of analysis and the technique of reasoning in terms of stability—from—within or, as we would say today, the model of stable equilibrium conditions.

Citation

Rugina, A.N. (1986), "New and Old Foundations of Economic Analysis", International Journal of Social Economics, Vol. 13 No. 7/8, pp. 3-67. https://doi.org/10.1108/eb014020