Can an exact science whose object is what we call "economics" on a daily basis be articulated? If so, does this science, however partial it may be achieved by objectivity, provide certain solutions to practically essential problems that the current theorization has only apparently solved? These questions can only be examined in a constructive mode by means of primary, experimentally verifiable, selected and articulated propositions, with the initial option of a common-sense prescription set out by Paul Fabra:
"Far be it from me to think that mathematics is not indispensable to political economy as it is to the other sciences; But the use of mathematics must be preceded by a close analysis of the concepts used. If the equations we use are inconsistent, we can develop all the equations we want, but we will end up with inconsistent results. Too often, in the humanities, we are satisfied with the appearance of scientific language. ".
In economic analysis, as in other disciplines, the most justified criticisms are milestones of what must be either avoided or succeeded. They do not, however, provide the certainty of having drawn from reality all that is necessary for the establishment of a Objective political economy (FOOE). FOOE is grounded on the SysFEAT upper ontology where concepts of structure, context, individual and changes are defined. It provides robust foundations for the proper definition of economic concepts.