First published in 1987, Professor O'Sullivan's work provides an in
depth philosophical examination of the foundations of method in
Economics and other human sciences. The argument is unabashedly
dialectical in the great Socratic-Platonic tradition, and the
reissue will be very welcome to all students of methodology, in
particular those students of economic methodology seeking a
refreshing alternative to yet more mathematical game playing. In an
age dominated and perhaps to an extent perplexed by an ultimately
non-committal postmodernism the book provides a root and branch
critique of the epistemological relativism which must lie at the
root of the whole post-modernist approach; and in reasserting the
fundamental importance not only for the methods of science but also
for European civilisation of the pursuit of truth it takes a stance
which is very much against the tide of the times. A heterodox
perspective is also provided and defended in detail regarding the
real nature of economic methodology whereby it is shown that
Economics epitomises a teleological mode of explanation which is
significantly different from the efficient causal modes of
explanation of the natural sciences. In fact Economics is the
ultimate subjectivist/interpretative discipline in the
methodological sense of Max Weber and Alfred Schutz, a fact which
has only been recognised (and welcomed) in the Austrian school of
Economics.
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