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I argue that economists have reasons internal to the way that evidence works in the sciences to re-discover the importance of the history of their own discipline. For it is a constitutive element of science - here conceived as an ongoing research practice (as opposed to as an explanatory...
Persistent link: https://www.econbiz.de/10012733284
Persistent link: https://www.econbiz.de/10014136881
In this essay it is argued 1) that Ludwig von Mises's conception of thymology refers to the content of mental actions, and 2) that by Mises's own theory, standard economic propositions are not a priori propositions
Persistent link: https://www.econbiz.de/10014136883
Traditionally, students of economics have often been told that it is a non-experimental science. Using a quantitative and qualitative analysis of introductory economics textbooks, we track the historical evolution of this rhetoric from 1970 to the present day. We find that anti-experimental...
Persistent link: https://www.econbiz.de/10012297595
This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...
Persistent link: https://www.econbiz.de/10011809698
This paper examines the relationship between poverty dynamics, causal pluralism, and mixed method research approaches. It reviews the nature and significance of the shift from the analysis of poverty status to poverty dynamics, discusses different approaches to causal reasoning and causal...
Persistent link: https://www.econbiz.de/10011913238
This paper suggests ways in which a marriage between neoclassical and institutional economics can improve our analytical understanding of economic problems as well as empirical testing and estimation relating to economic issues. Theoretical modeling which considers optimizing agents, constrained...
Persistent link: https://www.econbiz.de/10014052158
In the 1870s and 1880s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticized Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the...
Persistent link: https://www.econbiz.de/10011695498
Models have been extensively analysed in economic methodology, notably their degree of ability to provide explanations. This paper takes a complementary, comparative approach, examining theory development in the natural sciences. Examples show how diverse types of evidence combine with causal...
Persistent link: https://www.econbiz.de/10011598097
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