This paper provides my personal reflections on the development of economic methodology during the 21st century as well as a discussion of the methodological literature immediately preceding it. It is based on my experience – both as an editor and researcher within the field – and to some...

The purpose of this paper is to examine the normative interpretation of the fast-and-frugal research program and in particular to contrast it with the normative reading of rational choice theory and behavioral economics. The ecological rationality of fast-and-frugal heuristics is admittedly a...

During the heyday of discussion about Milton Friedman's 1953 methodology paper, Samuelson's operationalism was often discussed as the primary competitor to Friedman's position. Although Friedman's paper continues to be discussed - albeit at a steadily decreasing rate - Samuelson's account of...

Lionel Robbins 1932 Essay is one of the most influential methodological works in 20th century economics. This said, the Essay is not philosophically seamless; it exhibits certain tensions that are not easily reconciled within any specific philosophical characterization of scientific knowledge....

Abstract: Frank Knight was an enigmatic thinker: not only about economics, but also about individual and social behavior more generally, ethics, political philosophy, epistemology, and a number of other subjects. However, his views on some topics often created tensions with his views on other...

The paper argues that much of the theoretical work on consumer choice theory during the first third of the twentieth century actually addressed some of the same issues discussed in contemporary behavioral economics. This is not generally recognized because the discussion was tied up with the...

This book offers a pluralist exposition on multiple meanings and levels of complexity, shedding light on the normative and practical implications that various approaches to complexity involve. We hope that this title will inspire a sustained interest in exchanging ideas and looking for new...