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The paper focuses on the method on ontological unification in economics. It briefly reviews the literature dealing with various understandings of unificationist projects in economics. Next it put emphasis on some interesting issues concerning the method of unification that are out of the...
Persistent link: https://www.econbiz.de/10013083886
The systematic study of political economy begins with the recognition of two seemingly contradictory observations about commercial life. The first observation is that individuals pursue their self-interest and do so as effectively as they are capable of doing. The second observation is that...
Persistent link: https://www.econbiz.de/10013015120
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...
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For the last few decades, considerable attention has been paid to the methodology of mainstream economics. It is not mere chance that economics is surrounded by methodological debates. If its relevance is at stake, this can be either refuted or proven most efficiently at a methodological level....
Persistent link: https://www.econbiz.de/10012952404
Mainstream economics has been running the gauntlet of adverse criticism for decades. These critiques claim as a message of central importance that mainstream economics has lost its relevance as for understanding reality. By making a brief comparison between the methodological strategies of the...
Persistent link: https://www.econbiz.de/10012959194
The Coase theorem is associated with Stigler because Stigler coined the term. The object of this paper is to show that Stigler's Coase theorem is Stiglerian for deeper – namely, methodological – reasons. We argue that, convinced as he was by the importance of Coase's message, Stigler also...
Persistent link: https://www.econbiz.de/10012961861