Rostov-on-Don, Russia

Economic theory

Экономическая теория

Integrated Master's degree
Language: RussianStudies in Russian
Subject area: economy and administration
Kind of studies: full-time studies
University website: sfedu.ru
Theory
A theory is a contemplative and rational type of abstract or generalizing thinking, or the results of such thinking. Depending on the context, the results might, for example, include generalized explanations of how nature works. The word has its roots in ancient Greek, but in modern use it has taken on several related meanings.
Theory
Their ideas seemed to him fruitful when he was reading or was himself seeking arguments to refute other theories, especially those of the materialists; but as soon as he began to read or sought for himself a solution of problems, the same thing always happened. As long as he followed the fixed definition of obscure words such as spirit, will, freedom, essence, purposely letting himself go into the snare of words the philosophers set for him, he seemed to comprehend something. But he had only to forget the artificial train of reasoning, and to turn from life itself to what had satisfied him while thinking in accordance with the fixed definitions, and all this artificial edifice fell to pieces at once like a house of cards, and it became clear that the edifice had been built up out of those transposed words, apart from anything in life.
Leo Tolstoy, Anna Karenina (1873-1877), Tr. C. Garnett (New York: 2003), Part 8, Chapter 9, p. 728
Theory
The successful development of science requires a proper balance between the method of building up from observations and the method of deducing by pure reasoning from speculative assumptions...
Paul Dirac, “Physical Science and Philosophy”, Nature (1937) Vol. 139, p. 1001.
Theory
I firmly believe people have hitherto been a great deal too much taken up about doctrine and far too little about practice. The word doctrine, as used in the Bible, means teaching of duty, not theory. I preached a sermon about this. We are far too anxious to be definite and to have finished, well-polished, sharp-edged systems — forgetting that the more perfect a theory about the infinite, the surer it is to be wrong, the more impossible it is to be right.
George MacDonald, in a letter to his father, quoted in George MacDonald and His Wife (1924) by Greville MacDonald
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