Economics: A Science of Meaning

In this paper I will define economics following a different general approach to economic problems, an approach that, because of its emphasis on meaning, has been called ‘radical subjectivism’ (Storr, 2017). In the light of this approach, it is possible to develop a general theory for the economic system, with the possibility of globally responding to economic questions within a broad paradigm. Moreover, such a paradigm has to incorporate two fundamental elements disregarded by mainstream economics: real people and real time.