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. Nevertheless, there is neither a consensus over the form of pluralism that is required (whether this is a theory, method, or … paradigm pluralism, for example), nor agreement among economists over the underlying diagnosis of a lack of pluralism. Even the …
Persistent link: https://www.econbiz.de/10011479975
phenomenon of pluralism is only rudimentarily developed and the discourse between the different approaches is proceeding as … methodological pluralism in modern economics. …
Persistent link: https://www.econbiz.de/10010348348
The pluralism debate in economics that has been going on for two decades has not yet been able to provide an exhaustive … in a fragmented scientific community. Representatives of heterodoxy see themselves displaced from important fields of … problems of perception between orthodoxy and heterodoxy are of a mutual nature. Beyond the problems extensively discussed in …
Persistent link: https://www.econbiz.de/10012197670
As a social science, economics studies social interactions. What distinguishes it from other social science disciplines is, firstly, its focus on interactions involving the management of scarce resources and, secondly, its conception of itself as generating traceable, verifiable findings that...
Persistent link: https://www.econbiz.de/10012135052
Pluralism in economics appears to be a double-edged sword: we need more than one theory to grasp and explain the entire … 'objective knowledge' in the singular of the 'one world one truth' conception. Therefore, pluralism is often equated with … relativism and obscurantism. In this article, I will explore both the demand for pluralism and the fear of relativism and …
Persistent link: https://www.econbiz.de/10012251920
Carl Menger’s Principles of Economics, published in 1871, is usually regarded as the founding document of the Austrian School of economics. Many of the School’s prominent representatives, including Friedrich Wieser, Eugen Böhm-Bawerk, Ludwig Mises, Hans Mayer, Friedrich August Hayek, Fritz...
Persistent link: https://www.econbiz.de/10012698010
The interest-rate controversies between Böhm-Bawerk and Fisher have attracted little attention and, in the opinion of most commentators, justifiably so. Böhm-Bawerk and Fisher argue over what appear to be two minor issues – Böhm-Bawerk's claims that his third cause of interest (productivity...
Persistent link: https://www.econbiz.de/10011642528
There is something extreme about Mises' apriorism, namely, his epistemological justification of the a priori element(s) of economic theory. His critics have long recognized and attacked the extremeness of Mises' epistemology of a priori knowledge. However, several of his defenders have glossed...
Persistent link: https://www.econbiz.de/10011606989
Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek's unique definition of knowledge.
Persistent link: https://www.econbiz.de/10011950203
The present essay investigates F.A. Hayek's epistemology and his methodology of sciences of complex phenomena for …
Persistent link: https://www.econbiz.de/10011706625