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In educating economists, we should sacrifice some of the more technical aspects of economics (which can be learned … these interdisciplinary studies are given here. In the discussion of the place of mathematics in economics, fuzziness enters … economics, are regarded as a "soft" technology compared with the "hard" technology of the natural sciences, development studies …
Persistent link: https://www.econbiz.de/10013213711
This paper examines the implications of Chicago School economist Edward Lazear's 2000 defense of economics imperialism … operating in a contrary way. I argue that the solution to this dilemma was for neoclassicism to rebuild economics imperialism … sciences can have transformative effects on one another. This latter conception can be associated with a complexity economics …
Persistent link: https://www.econbiz.de/10013013048
. Thus two methodological strands in economics disagree with each other: the objectivistic approach favors the methods of …
Persistent link: https://www.econbiz.de/10013076818
As a social science, economics studies social interactions. What distinguishes it from other social science disciplines … knowledge’. Some regard this methodological foundation of positivist fallibilism as the feature that makes economics the 'queen … science. Interestingly, both critiques and defences of economics often make reference to ideology: defenders claim that …
Persistent link: https://www.econbiz.de/10012135052
My purpose is to appraise the recent critique of theoretical economics by applying the methodological perspective …. Therefore, I start by identifying the main lines of criticism raised against theoretical economics in the aftermath of the post …-2008 global economic crisis: namely, the voices criticizing economics for its unrealistic models, excessive mathematization …
Persistent link: https://www.econbiz.de/10012995221
paper addresses the question as to why, if economics is an empirical science, economists introduce bounds on the rationality …
Persistent link: https://www.econbiz.de/10014150388
The state of contemporary economics had been a subject of discussion even before the most recent global financial …
Persistent link: https://www.econbiz.de/10011479975
The aim of this article is to review some central ideas on economic methodology. Many people doubt whether economics … main conclusion is that economics is a science inasmuch as it formulates falsifiable theories. However, the peculiarity … a theory disregarded because of an apparent disconfirmation. In economics there is, broadly speaking, nothing like a …
Persistent link: https://www.econbiz.de/10013213731
Pluralism in economics appears to be a double-edged sword: we need more than one theory to grasp and explain the entire …
Persistent link: https://www.econbiz.de/10012251920
The renowned institutionalist Geoffrey Hodgson has claimed inter alia that heterodox economics has failed to define its … strategies: the creation of heterodox economics academic departments; for heterodox economists to enter non-economics academic … economics discipline and he reiterates, in part, past criticisms from the mainstream as well as presenting his criticisms to a …
Persistent link: https://www.econbiz.de/10012156265