Homework answers / question archive / Question 1 and Group 1 How Economics became the dominant theme/discussion of the modern world? • it is a theme and not dominant thought • According to whom is it dominant theme, where do we observe this trend? • Economics is what we mostly observe in news nowadays and affects politics

Question 1 and Group 1 How Economics became the dominant theme/discussion of the modern world? • it is a theme and not dominant thought • According to whom is it dominant theme, where do we observe this trend? • Economics is what we mostly observe in news nowadays and affects politics

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Question 1 and Group 1 How Economics became the dominant theme/discussion of the modern world? • it is a theme and not dominant thought • According to whom is it dominant theme, where do we observe this trend? • Economics is what we mostly observe in news nowadays and affects politics. • In the past it was politics that was affecting the norm. We observe a reversal nowadays. Your approach should be based on Aristotle vs Empiricists/Positivists 

Question 2 and Group 2 
Nowadays economy is too large to understand. 
• Under which scope? • is it the high amount of information? • How do we measure that the economy is too big? • Which type/way of thought/thinking this question supports? 
Your approach should be based on Popper vs Rational Positivism (Vienna Circle) 
Question 3 and Group 3 
Is the Economy independent from social structure? 

• Economy is part of the social structure but is it always playing the biggest part? • Does the cultural norm play a role on this perception? • Is Economy something natural and independent by nature and history per se? • Is Economy independent from the cosmology/natural perception of the world? Your approach should be based on the historical perspecIve of Feyerabend 
Question 4 and Group 4 What is the notion of utility? Can it be measured in absolute and/or relative value? How useful is this notion? 
• Which criteria you use to evaluate its importance? • is it a matter of individual's self-preservation, survival, and reproduction? • Which type of utility? Social, individual, planet? • When we use utility do we serve our own goal or something external? 

Question 9 and Group 9 

What is the difference between cryptocurrencies and traditional currencies? 

• is there a connection between production capacity of a country and the value of its currency? • Does the above change with cryptocurrency and how? • How does the currency captures trust? 
Your approach should be based on Positivism/Empiricism 
Question 10 and Group 10 
How and when the concept of rationality was initiated? 
• How do we learn? Through our senses or through our logic/rational? • In ancient Greece notions were mostly abstract. • If you learn through abstract logic, then you will create a general theory. • But on what do you base your general theory to start with? 
Your approach should be based on Kant 
Question 11 and Group 11 
Which type of Fiscal or Monetary policy (choose one, either Fiscal or Monetary) is more effective to overcome recessions? The one followed by EU or by the USA? 
• How do you measure and evaluate effectiveness? • Do the two economies have the same traditions and culture? • What is the school of thought under which each of the two economies is operating? • Do they serve the same goals? • Continental European culture is more abstract, theoretical, and idealistic. • US is based on the Anglo-Saxon culture which is based on positivism/empiricism. 

Your approach should be based on Positivists versus Popper and Kuhn 
Question 12 and Group 12 

How can the state redistribute of income? 
• What methodology, school of thought will you follow to answer this question? • Each policy has to do with a way of thinking, culture, ethical values, traditions. • is this question equally important everywhere? E.g. the US versus the EU.