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Explorations in Economic Methodology - From Lakatos to Empirical Philosophy of Science (Hardcover, New)
Loot Price: R5,827
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Explorations in Economic Methodology - From Lakatos to Empirical Philosophy of Science (Hardcover, New)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 19 working days
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Economics is an established academic discipline, yet its methods
and style of argumentation are far from being well understood. In
the mid-1990s attempts have been made to understand economics
through applying ideas from the philosophy of science, and
especially from the writings of Popper, Kuhn and Lakatos and
through economic rhetoric. The result has been controversial, with
one school arguing that methodology is a fruitless exercise. This
collection of essays seeks to both clarify and respond to the
issues raised by the mid-1990s' literature and argues that
methodology is an essential activity. The book begins with an
application of Lakatos' methodology of scientific research
programmes to contemporary macroeconomics and subsequent chapters
go on to discuss questions raised by this approach. These argue
that although the methodology has severe limitations, it
nevertheless provides a useful starting point. After discussing,
the approaches to methodology of some practising economists, the
final chapters consider the perspectives on economics that result
from pragmatism and empirical philosophy of science. This book
should be of use to researchers and students interested in economi
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