This paper deals with the analytical weakness of a number of papers which are published in the journals of history of economic thought. The aim is to highlight the need to combine the historical sensibility with both the logical consistency and the formal rigour of the analysis.

The present paper discusses the ‘battle of methods’ in economics in its epistemic pursuit in the framework of a dialectics between science and art. The traditional distinction between deduction and induction has come to be characterized as a ‘theory-data confrontation’; while the former...

After Smith’s statement of the market virtues the process of gestation of economic policy as a consistent set of rules for public agenda has been rather slow. Until not so long ago economic policy as a discipline was confined to prescribing practical rules intended to explain technical...

Amidst the economists that are concerned about the method, it is common to make reference on the subject of a new economic methodology. It was from the deception and the abandon of the search toward a unique criterion to give scientific status to research programmes that this new movement came...

The current global crisis has shown the limitations of the mainstream approach. We trace the origins of the limitations of the dominant neoclassical views to the capital debates and to the rise to dominance of intertemporal general equilibrium. The limited use of the Arrow­Debreu model, which...

Our endeavour represents a critical approach that takes into account the analysis, from a critical perspective, of the sphere of economics as it was stated by the scholastic economic literature. We also discuss how the concept of "economics" meets the general scientific criteria. Redefining...

Based on the ontological and epistemological problems and solutions exposed in the previous paper, we scrutinize the philosophical grounds of three main schools of economics. They are not opposing one another as solid blocks of incompatible ideas and theories, but each school contains...

El reciente auge de la neuroeconomía ha abierto una serie de preguntas sobre el impacto que esta nueva disciplina puede tener sobre la forma en que se hace teoría económica. Este trabajo busca resaltar la relevancia que la metodología en ciencia económica tiene como herramienta...

“Okun’s Law” states a 3:1 proportion between percent growth in U. S. real GNP and percent decrease in the rate of unemployment. This paper argues that this ratio is actually a Pi:1 proportion, heretofore unrecognized because it is displayed through a form of mathematic / harmonic inverse....