Titlebook: Methodology and Economics; A Critical Introduct John Pheby Book 1988 John Pheby 1988 economics.fashion.interest.Marx

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Falsification and Economics,d much attention from economists, many of whom support them. However, despite this interest in Popper’s work it seems that a number of misconceptions are commonly encountered. For example, few economists seem to have fully appreciated the radicalism of Popper’s approach. When we compare the practice

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Kuhn and Economics,as been interpreted as a direct response to both inductivism and falsificationism and he is certainly opposed to the former. However, whilst . was not intended to be an explicit response to Popper it can be, and has been, interpreted as such; indeed, we shall see that Popper interprets it in this li

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Laudan and the Problems of Progress,ed his own methodology which essentially seeks to synthesise the best features of Kuhn and Lakatos with his own distinctive contribution. Laudan has been virtually ignored by economists and I find this surprising for two reasons: firstly, economists have paid much attention to Kuhn and Lakatos, ther

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Instrumentalism and Economics,mics, and this will entail some consideration of Milton Friedman’s famous, and controversial, essay on economic methodology. Discussion of this essay has been postponed until this chapter for two reasons. Firstly, Friedman’s essay is increasingly being interpreted as owing more to instrumentalism th

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Conclusion, 1986) that considerations of economic methodology have been too strongly influenced by the natural sciences. What is required is the development of our own distinct methodologies. We have seen above the long history of ‘naturalism’ within economics, but very few economists have bothered to evaluate