The article deals with the phenomenon of modification of the value law under imperfect competition. The author considers the evolution of priceforming market mechanisms from the system of equilibrium prices to the institute of marketing in the context of a comprehensive methodology based on spatialtemporal approach to the interpretation of the economic concept of value.

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The author considers the problem of formation of the methodology of modern economic theory in the context of space time approach. On that basis, she tries to follow the sources of the relations of economic value, which are located in the heart of the economic organization of primitive society – the cradle of the developed socio economic system.

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The article deals with the theoretical approaches to the phenomenon of money as an institute of economic value. The author tries to clarify the essence of the problem of economic measures through the notion of economic good.

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The origins of the global financial and economic crisis are traced in the perspective of methodology of values. The author links the tackling of systemic socio-economic destabilization of the end of the XX – beginning of the XXI century with the necessity to formulate the logic of the "Middle Way" that leans upon the new pattern of overall economic balance of the entire economic system.

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The article reveals the content of "fundamental” scientific knowledge as a carrier of moral reference points in the global socio-economic transformations. The author comprehends the contribution of the noosphere conception and the legacy of the classical German philosophy in the justification of the worldview principles of free scientific search. The article highlights the creative mission of economic theory as a value stronghold for the modernization of economic practice and formation of a reasonable society corresponding to harmonic institutional architectonics

Keywords:fundamental knowledge, global transformations, economic theory, institutional architectonics

The article reveals the content of "fundamental" scientific knowledge as a carrier of moral reference points in the global socio-economic transformations. The author comprehends the contribution of the noosphere conception and the legacy of the classical German philosophy in the justification of the worldview principles of free scientific search. The article highlights the creative mission of economic theory as a value stronghold for the modernization of economic practice and formation of a reasonable society corresponding to harmonic institutional architectonics.

Keywords:fundamental knowledge, global transformations, economic theory, institutional architectonics

The article reveals the contents of fundamental scientific knowledge as a source of philosophical principles of free scientific search during the age of global socio-economic transformations. The author highlights the creative mission of economic theory as a value bulwark of the society, which is acceptable for life, in term of harmonious institutional architectonics.

Keywords:socio-economic modernization, economic theory, value relations, economic benefit, institutional archi-tectonics of economics management

Problems of modernization of the national economy and raising the people’s welfare still remain ur-gent after a quarter-century of market reforms; the successful resolution of these problems requires understanding of the world experience of transforming the general model of market economy on the verge of XX-XXI centuries. The article clarifies the meaning and patterns of global transformation of the public sector as a conceptual platform for Ukraine to attain the path of sustainable socio-economic development.

Keywords:public sector, global transformations, public property, efficient management of corporate rights.

The article clarifies the value basis of global market transformations, and reveals the traditional concepts of the values of social life. The author updates the heuristic potential of the concept of European values as the core of civilizational interactions for the substantiation of the programs for modernization of the system of socio-economic relations and reduction of uncertainty in economic prospects.

Keywords:values of social life, civilizational interactions, global market transformations

It is revealed that European culture has been historically oriented to humanity. The results of high philosophical studies, pioneering achievements of science, masterpieces of art and literature, technological innovations of the European class invariably became the property of all mankind. For the countries and peoples of the post-Soviet space, European cultural values are of particular importance. But in the era of global market oriented transformations, the traditional concepts of the European cultural heritage need to be reconsidered.
The author shows that, in the general civilization heritage, the scientific knowledge accumulated by the society is of remarkable value. The importance of fundamental scientific knowledge as a public good was understood in antiquity. The phenomenon of historical dialogue between representatives of the best minds of antiquity and the Middle Ages laid the foundation for the formation of classical European philosophy and science of modern times. It is from the precious intellectual alloy of "Christian Aristotelianism", that those civil society institutions that until now constitute the subject of pride of European nations and models for imitation throughout the world were forged. At the same time, however, the basis for a new understanding of the laws and arrangement of public life involves the historically formed contradictions and paradoxes of fundamental scientific knowledge.
It was discovered that post-Soviet countries have been mastering the fruits of the European civilizational heritage jointly and gradually. In the course of the market oriented transformation of the economy, the problem of the formation of effective development institutions is critical for the normal adaptation of these countries to global challenges. However, the civilizational experiences should be borrowed in a prudent manner. The process should be based on adequate methodological foundations, and take into account the overall inversive character of the development of the intellectual sphere and economic life in general.

Keywords: historical cultural heritage, fundamental scientific knowledge as a public good, inversion character of global social transformations, intellectual dialogue, European civilizational values

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Clarification of the laws of harmonious ordering of the social economy system was largely carried out in the depth of European civilization in the course of the evolution of fundamental scientific knowledge. Thus, the synergy of intellectual efforts of the representatives of classical German philosophy, English political economy and French social doctrines became a catalyst and, at the same time, a fertile cultural ground for the establishment of civic institutions of modern times.
Transcendent understanding of civilizational values as a system of social relations is to be carried out by political economy – the science of economic laws. Such a mission of economic science was defined during the formation of its classic research line as the logic of the Middle Way. However, modern economic theory in content remains traditional. It does not conceive its object in a single space-time coordinate system or recognize the economic value (economic good) as its own object and the basis of social relations. For that reason, the most important concepts of civilizational herit-age are considerably distorted.
Freedom, equality, and brotherhood, which are considered to be political in origin, are the most important universal values that have been promulgated by the European community in modern times. However, the crystallization of the values of freedom, equality, and brotherhood in their syncretic unity is initially carried out in the depths of political economy. In recent times, each of them has been taken as one of the traditional methodological branches of economic science. Thus, the problem of freedom is key to the liberal-margin economic doctrine that today ideologically feeds educational courses in economics. In order to modernize the training courses, experts propose to restore their connection with the provisions of the authentic doctrine of liberal marginalization, and with the conceptual system of L. von Mises. This rethinking makes the logic of functioning of the modern market economy and the basic principles of neoliberal policy more transparent and at the same time shows the imperfection of liberal doctrine in comparison with the original scientific provi-sions of classical economic thought.

Keywords:harmonious ordering of the economic system, methodology of political economy, liberal ideology, freedom of economic choice, European civilizational values

Clarification of the laws of harmonious ordering of the social economy system was largely carried out in the depth of European civilization in the course of the evolution of fundamental scientific knowledge. Thus, the synergy of intellectual efforts of the representatives of classical German philosophy, English political economy and French social doctrines became a catalyst and, at the same time, a fertile cultural ground for the establishment of civic institutions of modern times.
Transcendent understanding of civilizational values as a system of social relations is to be carried out by political economy – the science of economic laws. Such a mission of economic science was defined during the formation of its classic research line as the logic of the Middle Way. However, modern economic theory in content remains traditional. It does not conceive its object in a single space-time coordinate system or recognize the economic value (economic good) as its own object and the basis of social relations. For that reason, the most important concepts of civilizational heritage are considerably distorted.
Freedom, equality, and brotherhood, which are considered to be political in origin, are the most important universal values that have been promulgated by the European community in modern times. However, the crystallization of the values of freedom, equality, and brotherhood in their syncretic unity is initially carried out in the depths of political economy. In recent times, each of them has been taken as one of the traditional methodological branches of economic science. Thus, the problem of freedom is key to the liberal-margin economic doctrine that today ideologically feeds educational courses in economics. In order to modernize the training courses, experts propose to restore their connection with the provisions of the authentic doctrine of liberal marginalization, and with the conceptual system of L. von Mises. This rethinking makes the logic of functioning of the modern market economy and the basic principles of neoliberal policy more transparent and at the same time shows the imperfection of liberal doctrine in comparison with the original scientific provisions of classical economic thought.

Keywords: harmonious ordering of the economic system, methodology of political economy, liberal ideology, freedom of economic choice, European civilizational values

Кількісну теорію грошей суттєво допрацював І. Фішер, висунувши рівняння обміну: MV=PQ

Keywords:Кількісну теорію грошей суттєво допрацював І. Фішер, висунувши рівняння обміну: MV=PQ

The emergence of a new reality as Information Society and Network Economics has marked the beginning of global market transformations. Such transformations are conditioned by the latest technological advances and innovations in the sphere of information and communication but at their core, they involve the need for creative thinking about the new socio-economic picture of the world. An adequate response to the vital social demand is the formation of a relativistic economic theory. The logic of the Middle Way, as a classical institutional direction, is called upon today to form political econo-my in a broad sense through the economic value theory.
The ideas about the subject and method of political economy in the in the broad sense as the theory of socio-economic relativity were substantiation updated in the works of K. Marx and F. Engels. However, the methodological foundations of positive relativism had been originally laid down in the science of economic and crystallized in the depths of its classical current. In the light of the classical value approach, the theories of Marxism and Neoclassical synthesis claiming to be the main ideological theories, were turned out to be marginal.
The evolution of politic-economic orders of social life is value-conditioned. Its scientific comprehension as a historical process of the formation of value and price, deployment of a value genetic code (institutional constitution), that is, the architectonics of an economic system, is the lot of political economy in a broad sense. Accordingly, positively relativistic political economy in the narrow sense reflects the completeness of the value comprehension of the mission of public choice at each of the basic stages in the pro-cess of historical deployment of the being of institutional architectonics.
Aristotelian creative insights associated with the recognition of the triple nature of eco-nomic value, the institutional architectonics of management, designed to shape the benchmarks for a virtuous social life, represent the core of genuine European values. Consistent value based analysis necessarily leads economic science to clarify the essence and laws of economic harmony, which is the equilibrium functioning and sustainable development of economic systems.

Keywords:global market transformations, economics of the new reality, world social order, methodology of economic science, theory of economic value, economic good, relativ-istic political economy in a broad and narrow sense, sustainable development, European

The formation of the information society and the network based economy has marked the beginning of global market transformations, which in their deep essence are associated with the need for a creative understanding of the new socio-economic picture of the world. An adequate response to the vital social demand is the formation of a rela-tivistic economic theory. The logic of the Middle Way as a classical institutional channel is today called to create political economy in a broad sense with the help of the theory of economic value.
Since the time of Adam Smith, when economic science recognized value relations as its own subject, and until now, the theoretical stream of the classical school has preserved internal harmony and is now able to produce signals of balanced functioning and sustainable development for economic entities. The basis for this is its value based origins in the triple unity of transformed economic forms of marginal utility, value and price. Such a concept is able, on the one hand, to most fully reflect the economic picture of the world with the help of the value based unity of economic history, and on the other hand, to creatively transform it.
The triple nature of economic value as an ideal platform for the institutional architecture of management designed to formulate the guidelines of virtuous social life, constitutes the core of true European values. However, the concept of European values has not yet been properly understood in the coordinate system of fundamental scientific knowledge, and the key concept of economic value as an economic good has not yet acquired proper scientific interpretation and consistent deployment. The ideological detachment of the official concepts of modern economic thought from the institutional core of European values determines the tendency of their methodological degradation.
Meanwhile, the value based methodology has not exhausted its potential. Continuity with the legacy of classical political economy determines the most important creative breakthroughs in economic theory during the 20th century. In the bowels of the Middle Way logic based on the concept of a standard product by P. Sraffa, the outlines of a new model of economic equilibrium in the economic system were formed in the pro-cess of its informational and technological modification. However, traditional economic science does not recognize the actual meaning of such a concept. Under the conditions of value disorientation against the background of politicized economic relations and dysfunction of social institutions, the struggle for the transformation of the world order model acquires the characteristics of a war against humanity. But it is not the "hard" power and manipulation of technologies, but rather effective mastery of social values, and the restoration of their beneficial creative potential, that is the key to success in the struggle.

Keywords:global market transformations, economy of the new reality, world social order, meth-odology of economic science, theory of value, economic good, relativistic political economy in the broad and narrow sense, sustainable development, European values