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Some claims made for critical realism in economics: two case studies

Hodgson, Geoffrey - In: Journal of Economic Methodology 11 (2004) 1, pp. 53-73

Instead of examining critical realism directly, this essay critically examines claims made by two prominent critical realists, namely Andrew Collier and Tony Lawson, on behalf of their philosophy. These are (a) that critical realism supports Marx's law of the tendency of the rate of profit to...

Persistent link: https://www.econbiz.de/10005496145

Comparing responses to critical realism

Austen, Siobhan; Jefferson, Therese - In: Journal of Economic Methodology 13 (2006) 2, pp. 257-282

This article is a study of the response of two heterodox schools of economic thought to 'new' philosophical ideas. Specifically, it considers the response within Post Keynesian and feminist economics to Tony Lawson's recent call for economists to pay greater attention to ontology and for...

Persistent link: https://www.econbiz.de/10005141352

Certainly not! A critical realist recasting of Ludwig von Mises's methodology of the social sciences

Lewis, Paul - In: Journal of Economic Methodology 17 (2010) 3, pp. 277-299

argued instead that Mises's methodology is more fruitfully viewed as an exercise in social ontology, the objective of which …

Persistent link: https://www.econbiz.de/10008691576

Successes and failures in the transformation of economics

Lipsey, Richard - In: Journal of Economic Methodology 8 (2001) 2, pp. 169-201

While acknowledging the successes of modern economics, this paper concentrates on some shortcomings. Many are traced to a single source: the great insights of economics are all qualitative. Economics does not have a theoretical structure that is tightly related to a rich body of data and those...

Persistent link: https://www.econbiz.de/10005496091

Persuasion: Reflections on economics, data, and the 'homogeneity assumption'

Fforde, Adam - In: Journal of Economic Methodology 12 (2005) 1, pp. 63-91

gender and culture. The paper argues that a central issue in economic methodology and pedagogy should be, as North implicitly …

Persistent link: https://www.econbiz.de/10005496094

A positivist tradition in early demand theory

Serrano, David Teira - In: Journal of Economic Methodology 13 (2006) 1, pp. 25-47

In this paper I explore a positivist methodological tradition in early demand theory, as exemplified by several common traits that I draw from the works of V. Pareto, H. L. Moore and H. Schultz. Assuming a current approach to explanation in the social sciences, I will discuss the building of...

Persistent link: https://www.econbiz.de/10005496102

Natural economic quantities and their measurement

Reiss, Julian - In: Journal of Economic Methodology 8 (2001) 2, pp. 287-311

This paper discusses and develops an important distinction drawn by Jevons, viz . that between natural and fictitious quantities. This distinction provides a basis for a theory of economic concept formation that aims at picking out families of models that are phenomenally adequate, explanatory...

Persistent link: https://www.econbiz.de/10005496111

Evaluating the historiography of the Great Depression: explanation or single-theory driven?

Szostak, Rick - In: Journal of Economic Methodology 12 (2005) 1, pp. 35-61

Following James Rule and Colin Clark, a single-theory-driven approach to scientific inquiry which focuses on testing particular theories can be distinguished from an explanation-driven approach which is open to all observations and whose results do not cease to have value with the passing of a...

Persistent link: https://www.econbiz.de/10005496123

Rationalism and mainstream economics

Viskovatoff, Alex - In: Journal of Economic Methodology 10 (2003) 3, pp. 397-415

It is generally agreed that mainstream economics follows John Stuart Mill's economic methodology. Since Mill …'s deductivist methodology was explicitly anti-empirical, this raises the question of to what degree economics is an empirical … follow two methodologies: an empiricist methodology and a rationalist methodology. The question of which methodology is more …

Persistent link: https://www.econbiz.de/10005496124

Experiments in economics: External validity and the robustness of phenomena

Guala, Francesco; Mittone, Luigi - In: Journal of Economic Methodology 12 (2005) 4, pp. 495-515

External validity is the problem of generalizing results from laboratory to non-laboratory conditions. In this paper we review various ways in which the problem can be tackled, depending on the kind of experiment one is doing. Using a concrete example, we highlight in particular the distinction...

Persistent link: https://www.econbiz.de/10005496135