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In writing about the "rhetoric of economics" - particularly about the standards which prevent situations where "anything goes" in argument - McCloskey takes an eclectic approach to two philosophical positions, based on Rorty and Habermas respectively. But these positions, despite sharing some...
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The meaning of Methodological Individualism has been one of the most diversified concepts and is one of the basic methodological principles of the social sciences. It indicates an orderly, repeatable and self-correcting research procedure whose object of study is individuals and their set of...
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adequately, then both rational choice theory and bounded rationality theories become compatible, as they differ in their degrees …
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In the last decade of the nineteenth century, Italian scholars started using a scientific methodology to tackle public finance problems. Their studies are now referred to as the Italian tradition in public finance, whose origin is considered to lie with De Viti de Marco (1888). Shortly before...
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popularity. Econometrics has arguably taken a more central role in the discipline than even formal economic theory. And, most … economics and these new social scientific methods. Do Austrian critiques of the excessive ambitions of formal theory and … distinctively Austrian theories? How should we update our views on the relationship between abstract economic theory and empirical …
Persistent link: https://www.econbiz.de/10013174568
This paper is an attempt to systematize the methodological insights and contributions of the Austrian School of Economics and present them in their most up-to-date elaboration, thereby building on the earlier literature on the subject. It aims to improve on the publications listed above in two...
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