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Beyond Rhetoric and Realism in Economics - Towards a Reformulation of Methodology (Hardcover, New)
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Beyond Rhetoric and Realism in Economics - Towards a Reformulation of Methodology (Hardcover, New)
Series: Economics as Social Theory
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Recent years have seen a resurgence of interest in the philosophy
of economics, with an array of different methodological stances
trying to establish the primacy of their intellectual positions.
Two of these in particular have undermined the hegemony once
enjoyed by the positivist philosophies of Khun and Popper. The
first is represented by "rhetoric" as expounded in the works of
McCloskey, Klamer and others. Attacking what they see as
imperiously prescriptive methodologies emanating from the
philosophy of science, they have sought to widen the economic
conversation, frequently by introducing work from other
disciplines. In contrast, the realists, including Lawson and Maki,
take issue with the relativizing tendencies of the rhetoric school
and argue that scientific realism is the most compelling framework
for economics. This text provides an introduction to both of these
postions, but also shows why neither is a satisfactory resolution
of the methodological issues facing economics. In direct opposition
to these positions, the authors construct and develop an
alternative framework, which they call "causal holism".
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