This paper discusses the methodological views of David Hendry. A critique is given on the reification of the so-called Data Generating Process. The merits of general to specific modelling are analyzed. Hendry's neo-Popperian philosophy is examined. It is argued that this philosophy is not able...

This paper analyzes the controversy between Keynes and Tinbergen on econometric testing of business cycle theories. In his writings, Keynes repeatedly emphasizes a logical objection to Tinbergen s work. It is clarified what exactly this logical objection is, and why it matters for a statistical...