The Rationalism And Irrationalism In The Western Economic Theory

Adhere to the rationalism has been a tradition in western economic theory. Underthe guidance of rationalism, economists began to build an economics building whichhas beautiful logic and rigorous structure by marginal analysis method andmathematical model. The western economic theory system which adhere to therationalism plays an important role in individuals, businesses, the country’s variouseconomic activities. The rationalism has been suspected and criticized by someeconomists since the "economic man" assumption which is the first carrier aboutrationalism in western economic theory generated. The purpose of studying economictheory is to analyze and solve the practical economic issues. But in reality such asfeelings,desire, institution make economic actors exhibit irrational，which reduces theexplanatory power of economic theory to the practical problems.In this paper, according to literature research measure, qualitative researchmeasure, historical analysis measure, analogy study measure, normative researchmeasure, by reviewing literature and comparing rationalism with irrationalism inwestern economic theory, the author tries to reveal that raditional economic theoryhas shortcomings and low explanatory power to real economic activities. Otherwise,the author discourse that irrationalism in economic theory is a useful complement totraditional economic theory, and the author tries to present some views abouteconomics system can be revised and improved from the perspective of irrationalism.Chapter one is introduction. Pointing out the significance of this study, analysisof the research status at home and abroad, logical thinking and level. Giving readers ageneral introduction and description about this article contents and structure, andpointing out that the major research methods of this paper. The formation of theoverall understanding of the introduction to this chapter will enable readers to thefull-text content.Chapter two includes the following: interpretation of the economics ofrationalism. Retrospective sources of the philosophy of rationalism in economics.Discourse the philosophy of enlightenment rationalism epistemology of economics.Discourse the evolution of rationalism from traditional economic theory tocontemporary mainstream economics establishment and improvement. Discourse thefeature of rationalism in its various evolution. Discourse the hard core and features ofthe methodology of rationalism in economic theory.Chapter three includes the following: interpretation of the economics ofirrationalism, discourse the question about rationalism in the reality of the plightsuffered, review a number of economists and their views on the irrationalism in thedevelopment of western economic theory.Chapter four is the conclusion. Covering the following aspects: the authordiscourse reasonableness of the rationalism in economic theory, reveal shortcomings of rationalism in economic theory, discourse the irrationalism research in economicshas a role in promoting the traditional economic theory. How to treat irrationalismchallenge to rationalism. The economic theory in the future development trend.