1st Edition

The Idea of History in Constructing Economics

By Michael H. Turk Copyright 2016
250 Pages
by Routledge

250 Pages
by Routledge

250 Pages
by Routledge

How scientific is economics? This question has often been framed by analogies and correspondences made between economics and other, seemingly more well-established scientific disciplines, starting with classical mechanics. At the same time economics is likely to be seen in opposition to or in contrast with history, where the reliance upon generalizing rules, thought experiments, and model... Read more

1. The Fault Line of Axiomatization 2. The Mathematical Turn In Economics 3. The Arrow of Time In Economics 4. Of Puzzles And Problems 5. Economics Pursuing The Mold of Evolutionary Biology 6. Economics as Plausible Conjecture 7. Max Weber and The Lost Thread Of Historical Economics 8. Historical Proof in Economics 9. The Fraught Relation Between Economics And Economic History 10. Toward A Positive Construction of Historical Economics

Biography

Michael H. Turk is Professor of Economics at Fitchburg State University, USA

‘Readers will be impressed by Turk's extensive knowledge across so many trains of thought, controversies, and interpretations, both in the fields of the history of economic thought and economic history itself.’ - Kayoko Misaki, Professor of Economics, Shiga University, Japan.

‘The book […] marks a striking difference from the emphasis between economy and history contained in Turgot's, Smith's, and Marx's political economy. Turk shows how [...] attempts to make economics a "science" by analogizing it with classical mechanics were mistaken, and suggests how this decisive failure, which would predestine the method of neoclassical economics, could have been avoided [...]’ - Kayoko Misaki, Professor of Economics, Shiga University, Japan.

'...a nice collection of sophisticated reflections on the nature of economics from different perspectives and in comparison with other disciplines.' - Marcel Boumans, Utrecht School of Economics, Journal of the History of Economic Thought