Rationalism

Definition

Rationalism in the context of International Political Economy within the liberal economy advent emphasizes the use of reason as the primary source for justifying and understanding political-economic theories and practices. It suggests that logical analysis and deductive reasoning are key to developing economic policies and understanding market dynamics.

Related terms

Liberalism:

A political and moral philosophy based on liberty, consent of the governed, and equality before the law.

Market Dynamics: The forces that impact prices and behavior in financial markets, including supply and demand, market sentiment, and external factors.

Deductive Reasoning: A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true