It has been widely accepted that philosophers of science wrote a “swansong” for positivism during the second half of the 20th century. Milton Friedman and Paul Samuelson, major contributors in the fi eld of economic methodology at the time, the argument goes, never refl ected the demise....

"Oppositional Analysis" - the name I give to the metaphysics presented in this volume - proposes a number of dichotomies through which one may analyze and understand systematically the structure of every level of reality. Macroeconomic theory, as well as social research, are two excellent stages...

This paper argues that modified versions of the so-called 'New Cambridge' approach to macroeconomic modeling are both quite useful for modeling real capitalist economies in historical time and perfectly compatible with the 'vision' underlying modern Post-Keynesian stock-flow consistent...

This paper argues that modified versions of the so-called “New Cambridge” approach to macroeconomic modeling are both quite useful for modeling real capitalist economies in historical time and perfectly compatible with the “vision” underlying modern Post-Keynesian stock-flow consistent...

This paper argues that modified versions of the so-called “New Cambridge” approach to macroeconomic modeling are both quite useful for modeling real capitalist economies in historical time and perfectly compatible with the “vision” underlying modern Post-Keynesian stock-flow consistent...

This paper argues that modified versions of the so–called "New Cambridge" approach to macroeconomic modeling are both quite useful for modeling real capitalist economies in historical time and perfectly compatible with the "vision" underlying modern Post–Keynesian stock–flow consistent...

Economists failed badly both to predict and solve the Great Global Recession of 2008-2010 for two interconnected reasons. The first is that economics has moved too far away from its social foundations. The second reason is that the positivist economic methodology that economics follows has...

After World War II only a few developing countries were able to catch up to real GDP per capita levels prevailing in developed countries. These successful countries in almost all cases came from Asia and did not follow the free market doctrine in the tradition of the Washington Consensus. There...