Is Economics an evolving science (absolutist view) or is just a collection of differentviews across history regarding economic phenomena (relativistic view)?Question for the evolutionists:Why we still suffer economic crisis if we have an ever-improving economic science?Question for the relativists:Are past theories only useful for understanding economic situations of a particulartime? Could past theories be useful to solve present problems ?

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Economics is a complex field that incorporates elements of both evolution and relativism Wh... View the full answer