The Iron Laws of Economics: An exploration of the do's and dont's of economics.

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On "Iron Laws" of Economics.

ABSTRACT: 1. A strong interest shown by modern society to the sphere of economic attitudes, and connected to it the growing authority of the economists. - 2. Perception about the "iron" laws of economics as highest criteria of economic activity and life in general (economic fatalism). - 3. An exploration of the most widespread motives of housekeeping: struggle for a survival, earning one's "life", earning on "the black day". - 4. Logical "circumvention" of all these motives confirmed by the daily facts. - 5. Managing for the sake of managing - professions for amateurs. - 6. Narrowing the sphere of action of the economic "laws" from "all" to "wishing". - 7. Optionality of the "iron laws" of economy, even for those wishing to be engaged in it. (with examples). Dependence of economy on ethics and psychology. - 8. The essence of the moderate fatalism, its incompleteness and discrepancy. - 9. Economics as a game, initiated and regulated by the government. Decreasing of the status of economic game with the eldering of the population. - 10. Inevitability of occurrence of "shadow" sector in economy, which considers as its basic purpose the obtaining of the profit. 11. A dilemma rising before any man without preconception: to admit economy to be a "dirty business", fun for the adults, or to search for the "third" way, which... 12. ...on my sight, consists of returning to the initial sense of the word: economics-a reasonable running of an economy, or keeping house keeping) - 13. The elementary analysis of this definition. - 14. The task of philosophy of economics in the given context. - 15. Concept of "organic economics" demanded by real life, instead of the obsolete, and diminishing influence of the exclusively mechanical approach. Universal character of this concept.

"Economics is a special world, with it's own laws and problems, dramas and contradictions" -- The textbook "Modern Economics"

Respectable colleagues!

It's unlikely, that I need to explain to any of you, what place in our life the phenomena of economic order has achieved. The well-known "market attitudes" have penetrated into practically every, sphere of our life, even most intimate. The leading economists, beginning from Marx and ending with the present "liberals", habitually incur the role of critics and prophets, predicting the possible and even the certain future. In their own declarations, they have the right to do it, because of a vast knowledge of the nature of economics.

"Economics has it's own special, immutable, iron laws, which no one can violate with impunity. Our task is - to study it carefully (through an economic science) and try to follow it all the time". These calls, metamorphosing sometimes into exorcism, are often forced upon us. Some even compare economic laws on power to the natural laws- such, say, as the law of world gravitation (which all are obliged to follow); and on clarity to the table of multiplication.

All of it, together with the aggravated economic concern, has resulted in an occurrence of the original worldview - economic fatalism, which by it's popularity can be compared only with the astrological fatalism.

I believe, that economic fatalism (as any fatalism) does not, by any means, promote normal development of the economic sphere, and consequently, I consider it my obligation to convert it into a subject of critical research.

It is doubtless, that within the basis of all economic life lays the simple, and apparently, really "iron" principle: the economy (housekeeping) is necessary for survival. But even here there is something to muse upon. It is no secret that the instinct for survival (under any conditions) is, by no means, characteristic to all. There were, and are, people who prefer a proud death to a base vegetative existance by any means. It would be too hasty to announce them from the doorstep as abnormal and sick. For this it is necessary, at least at first, to comprehend in...
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