New Pragmatism: In quest of economics and development policy in the 21st century

New pragmatism is an original paradigmatic and heterodox theoretical concept of the economic science, which attempts to address the current civilizational challenges and the future determinants of the functioning of economic systems. New pragmatism strives to develop the economic theory in a direction that allows a more in- depth and accurate cognition of the economic reality than the one offered by orthodox theories. At the same time, it is an outline of a theory that is strongly applicative in nature and immanently combines the scientific cognition (positive perspective) and formulating indications and recommendations for application (normative perspective). This, indeed, is the base on which to shape the economic policy and strategy for development, both of which determine the world’s civilizational development.
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