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Caldwell's Beyond Positivism was a key publication that helped to precipitate the consolidation of the methodology of … economics into a distinct subfield within economics. Reconsidering it after thirty-five years, it is striking for its anti-naturalism … (i.e., its lack of deference to the actual practices of economics) or, perhaps, for its meta-naturalism (displayed in its …
Persistent link: https://www.econbiz.de/10011761429
Persistent link: https://www.econbiz.de/10012241227
This paper investigates the relationship between methodological individualism (MI) and Agent-Based Simulation (ABS). We discuss and analyze a thesis defended by philosophers Caterina Marchionni and Petri Ylikoski (2013). The thesis maintains that, since MI is often considered to be a...
Persistent link: https://www.econbiz.de/10011760027
methodological characteristics of Austrian economics: Austrian action theory and interpretative understanding, a relatively …
Persistent link: https://www.econbiz.de/10012698010
One of the big mistakes in modern intellectual history of the Austrian school is to jump from the reality of Mises's and Hayek's being on the wrong side of the zeitgeist to a claim that they were somehow dismissed relics of a pre-scientific age or martyrs to the causes. The reality is that Mises...
Persistent link: https://www.econbiz.de/10013010744
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...
Persistent link: https://www.econbiz.de/10013023703
's book Theory and History possesses considerable untapped potential in this regard. The Preface's merits as an introductory …
Persistent link: https://www.econbiz.de/10012828656
(s) of economic theory. His critics have long recognized and attacked the extremeness of Mises' epistemology of a priori …
Persistent link: https://www.econbiz.de/10011606989
In recent academic and to some extent public debates, mainstream economics has been accused of excessive mathematization. The rejection of mathematical and other formal methods is often cited as a crucial trait of Austrian economics. Based on a systematic discussion of potential benefits and...
Persistent link: https://www.econbiz.de/10012598662
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...
Persistent link: https://www.econbiz.de/10014114558