The Statistical Method in Economics and Political Science
A Treatise on the Quantitative and Institutional Approach to Social and Industrial Problems
Originally published in 1929. This balanced combination of fieldwork, statistical measurement, and realistic applications shows a synthesis of economics and political science in a conception of an organic relationship between the two sciences that involves functional analysis, institutional interpretation, and a more workmanlike approach to questions of organization such as division of labour and the control of industry.
The treatise applies the test of fact through statistical analysis to economic and political theories for the quantitative and institutional approach in solving social and industrial problems. It constructs a framework of concepts, combining both economic and political theory, to systematically produce an original statement in general terms of the principles and methods for statistical fieldwork. The separation into Parts allows selective reading for the methods of statistical measurement; the principles and fallacies of applying these measures to economic and political fields; and the resultant construction of a statistical economics and politics. Basic statistical concepts are described for application, with each method of statistical measurement illustrated with instances relevant to the economic and political theory discussed and a statistical glossary is included.
Table of Contents
Part 1: Mood and Matter of Statistical Inquiry 1. The Function of Economics, Political Science, and Statistics 2. The Statistical Method Set Forth 3. Focus and Scope of Economics and Political Science 4. Economic, Political, and Institutional Interrelations Part 2: The Statistical Measurement of Economic and Political Data 5. Language and Types of Statistical Measurement 6. The Summary Measurement of a Single Character 7. Risk and Uncertainty 8. The Measurement of Time and Space Tendencies 9. The Measurement of Relationships Between Characters Part 3: Statistical Fieldwork in Economics and Political Science 10. Statistics Applied in Description 11. Statistics Applied in Generalization 12. The Canvass of Possible Causal Relations 13. Statistics’ Part in Causal Interpretation 14. Non-Statistical Analysis and Interpretation Part 4: Sketch for a Statistical Economics and Politics 15. Modification of the Concepts and Assumptions of Economic Theory 16. The Measurement of Economic Variations 17. The Interpretation of Economic Variations 18. The Physical and Psycho-Physiological Basis of Economic Variation 19. The Framework and Data of Statistical Politics 20. The Statistical Summary and Interpretation of Political Variations 21. Systematic Index of Economic and Political Issues Statistically Approached: A Table of Cross-References