Economists have long grappled with the problem of how economic theories relate to empirical evidence: how can abstract mathematized theories be used to produce empirical claims? How are such theories applied to economic phenomena? What does it mean to “test” economic theories? This book introduces,…
Hardback – 2019-01-08
Routledge
Routledge INEM Advances in Economic Methodology
Economists do more than merely describe an external economic world. They shape it in the image of their theories and models. This idea, following the philosophy of language, puts forward that economic theories are performative, and not only descriptive. This idea has become a powerful critique of…
Hardback – 2018-07-31
Routledge
Routledge INEM Advances in Economic Methodology
The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral – that is to say, reasonable – dimension, to focus instead on the strictly rational. This volume seeks to address this neglected topic through…
Hardback – 2018-07-30
Routledge
Routledge INEM Advances in Economic Methodology
With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too…
Hardback – 2018-03-07
Routledge
Routledge INEM Advances in Economic Methodology
This book provides the first comprehensive and critical examination of Mäki’s realist philosophy of economics.…
Paperback – 2016-11-11
Routledge
Routledge INEM Advances in Economic Methodology
The goal of behavioural economics is to improve the explanatory and predictive power of economics. This can be achieved by using theoretical and methodological resources of psychology. Its fundamental idea is that the relationship between psychology and economics cannot be subsumed under standard…
Hardback – 2016-05-10
Routledge
Routledge INEM Advances in Economic Methodology
This intriguing new book examines and analyses the role of critical realism in economics and specifically how this line of thought can be applied to the real world. With contributions from such varying commentators as Sheila Dow, Wendy Olsen and Fred Lee, this new book is unique in its approach and…
Paperback – 2016-03-03
Routledge
Routledge INEM Advances in Economic Methodology
This book provides a methodological perspective on understanding the essential roles of econometric models in the theory and practice. Offering a comprehensive and comparative exposition of the accounts of models in both econometrics and philosophy of science, this work shows how econometrics and…
Paperback – 2014-12-02
Routledge
Routledge INEM Advances in Economic Methodology
This book brings together key players in the current debate on positive and normative science and philosophy and value judgements in economics. Both editors have engaged in these debates throughout their careers from its early foundations; Putnam as a doctorial student of Hans Reichenbach at UCLA…
Paperback – 2014-05-30
Routledge
Routledge INEM Advances in Economic Methodology
This new book, under the impressive editorship of Thomas Boylan and Paschal O'Gorman, explores a number of major themes central to the work of Karl Popper. The tensions that have resulted from Popperian thought are well documented. How can mainstream orthodox economics be falsifiable while…
Paperback – 2014-04-28
Routledge
Routledge INEM Advances in Economic Methodology
When President Reagan and Prime Minister Thatcher adopted the neoliberal doctrine as the paradigm of economics, there was no evidence that the move would have been successful, but thirty years on, the recurrent crises that culminated in 2008 suggest a serious mis-match between expectations and…
Paperback – 2013-10-07
Routledge
Routledge INEM Advances in Economic Methodology
The rhetoric of economics has long claimed scientific objectivity, however the late, great economist Joan Robinson argued that ‘the purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.’ This unique…
Paperback – 2012-09-19
Routledge
Routledge INEM Advances in Economic Methodology
This book brings together, for the first time, philosophers of pragmatism and economists interested in methodological questions. The main theoretical thrust of Dewey is to unite inquiry with behavior and this book's contributions assess this insight in the light of developments in modern American…
Paperback – 2012-09-13
Routledge
Routledge INEM Advances in Economic Methodology
What is the correct concept behind measures of inflation? Does money cause business activity or is it the other way around? Shall we stimulate growth by raising aggregate demand or rather by lowering taxes and thereby providing incentives to produce? Policy-relevant questions such as these are of…
Paperback – 2010-02-01
Routledge
Routledge INEM Advances in Economic Methodology
This is a book about one of the most controversial concepts in economics: the invisible hand. The author explores the unintended social consequences implied by the invisible hand and discusses the mechanisms that bring about these consequences.The book questions, examines and explicates the…
Paperback – 2009-11-24
Routledge
Routledge INEM Advances in Economic Methodology
Economics is often defined as the science of choice or human action. But choice and action are essentially mental phenomena, an aspect rarely mentioned in the economics discourse. Choice, while not always a conscious or rational process, is held to involve beliefs, desires, intentions and…
Paperback – 2009-04-30
Routledge
Routledge INEM Advances in Economic Methodology
Originally published over two decades ago, this classic text within the philosophy of economics is a tour de force against revealed preference. It critically examines the research programme carried out by the Nobel Prize winner Paul Samuelson on the revealed preference approach to the theory of…
Paperback – 2009-02-19
Routledge
Routledge INEM Advances in Economic Methodology
Economics is dominated by model building, therefore a comprehension of how such models work is vital to understanding the discipline. This book provides a critical analysis of the economist's favourite tool, and as such will be an enlightening read for some, and an intriguing one for others.…
Paperback – 2007-09-17
Routledge
Routledge INEM Advances in Economic Methodology
Many consider Foundations of Economic Method to be Lawrence Boland's best work. This updated edition is radically changed from the original and will be much appreciated by thinkers within economics. The book positions methodology vis-à-vis the current practice of economists and is all the better…
Paperback – 2006-04-06
Routledge
Routledge INEM Advances in Economic Methodology
Many consider Foundations of Economic Method to be Lawrence Boland's best work. This updated edition is radically changed from the original and will be much appreciated by thinkers within economics. The book positions methodology vis-à-vis the current practice of economists and is all the better…
Hardback – 2003-04-17
Routledge
Routledge INEM Advances in Economic Methodology