Philosophy of Financial Market

DOI: 10.20542/0131-2227-2012-8-3-13

V. Milovidov, MGIMO University, 76, prosp. Vernadskogo, Moscow, 119454, Russian Federation (

Abstract. The existing financial theories fail to explain the causes of the contemporary financial crisis, in particular, of the 2008 crisis. The author claims that in order to understand what affects the current financial system we have, perhaps, to apply a philosophical approach. Such an approach seems to be supportive for comprehending the actual roles of the state and the market in this area. This will, at least partially, help to answer the question of why there are financial crises.

Keywords: economics, financial markets, public policy, economic theory, political economy, philosophy, Bulgakov, Calvin

Registered in System SCIENCE INDEX

For citation:
Milovidov V. Philosophy of Financial Market. World Eonomy and International Relations, 2012, no. 8, pp. 3-13.

Comments (0)

No comments

Add comment






Dear authors! Please note that in the VAK List of peer-reviewed scientific journals, in which the main scientific results of dissertations for the degree of candidate and doctor of sciences should be published for the “MEMO Journal” the following specialties are recorded:
economic sciences:
5.2.5. World Economy.
5.2.1. Economic Theory
5.2.3. Regional and Branch Economics
political sciences:
5.5.4. International Relations
5.5.1. History and Theory of Politics
5.5.2. Political Institutions, Processes, Technologies


Current Issue
2024, vol. 68, No. 6
Topical Themes of the Issue:
  • The “Pivot to Asia”: AUKUS in the Perception of American Politicum
  • The Collapse of the European Collective Security System
  • Public Investment and Sustainability of World Economy
  • Sub-Saharan Africa: Trends, Proportions and Factors of Development
Submit an Article
The Editorial Board invites authors to write analytical articles on the following topics:
  • changes in the processes of globalization in modern conditions
  • formation of the new world order
  • shifts in civilization at the stage of transition to a digital society

The editors are also interested in publishing synthesis articles / scientific reviews revealing the main trends in the development of certain regions of the world - Latin America, Africa, South Asia, etc.