ABSTRACT

Scientific development during the 19th and the 20th centuries as well as philosophical and mathematical development during the 20th century has implied revolutionary changes in our approach to the surrounding world/universe as well as a reappraisal of the role of mathematics and logic. In economics the basic scientific analysis is based on Newton’s and Descartes’ mathematical world, ending up in Kant’s philosophical belief that mathematics could reveal new empirical information per se. The famous paradoxes in mathematics, Cantor’s, Russell’s and Gödel’s, tell us brutally that this is not the case.

The development with respect to space-time has affected social sciences on one hand in that it is possible to develop a sort of social time concept and on the other hand that the discovery of the entropy concept has given us a sort of direction of time but also an understanding of the deeper kind of interrelation, both of the physical world and the social world.