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This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...
Persistent link: https://www.econbiz.de/10011603570
In this article, the author offers a discussion of the evidential role of the Galilean constant in the history of physics. The author argues that measurable constants help theories constrain data. Theories are engines for research, and this helps explain why the Duhem-Quine thesis does not...
Persistent link: https://www.econbiz.de/10014053311
The emergence of experimental economics in the last third of the 20th century revisited the long-standing belief that economics is a non-experimental discipline. The history of this new practice reveals this went further than simply introducing the experimental method to economics. Its history...
Persistent link: https://www.econbiz.de/10013028861
Best known as a monetary economist and prominent proponent of monetarism, Karl Brunner was deeply knowledgeable about the philosophy of science and attempted to explicitly integrate logical empiricist thinking, derived in some measure from his engagement with the work of the philosopher Hans...
Persistent link: https://www.econbiz.de/10011903527
From the early-1950s on, F.A. Hayek was concerned with the development of a methodology of sciences that study systems of complex phenomena. Hayek argued that the knowledge that can be acquired about such systems is, in virtue of their complexity (and the comparatively narrow boundaries of human...
Persistent link: https://www.econbiz.de/10011706902
The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...
Persistent link: https://www.econbiz.de/10013088819
The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...
Persistent link: https://www.econbiz.de/10011707985
In a series of recent papers, the prominent Austrian economist Peter Boettke has criticised orthodox economics for its lack of realism. This paper situates Boettke's critique in the context provided by recent developments in the methodology of economics, most notably critical realism. While...
Persistent link: https://www.econbiz.de/10012978623
From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim an...
Persistent link: https://www.econbiz.de/10011781107
The present essay investigates F.A. Hayek's epistemology and his methodology of sciences of complex phenomena for implications relevant to an explanation of Hayek's own socalled "epistemic turn." The thesis defended here is that Hayek's dissatisfaction with his technical economics - in...
Persistent link: https://www.econbiz.de/10011706625