Lakatosian Consolations for Economics

Economics and Philosophy 2 (01):127- (1986)
The F-twist is giving way to the methodology of scientific research programs. Milton Friedman's “Methodology for Economics” is being supplanted as the orthodox rationale for neoclassical economics by Imre Lakatos' account of scientific respectability. Friedman's instrumentalist thesis that theories are to be judged by the confirmation of their consequences and not the realism of their assumptions has long been widely endorsed by economists, under Paul Samuelson's catchy rubric “the F-twist.” It retains its popularity among economists who want no truck with methodology, but among the increasing number of able economists who are writing on methodology the F-twist has been surrendered, not so much because these writers have decided it is false, as because something better has finally come along.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.1017/S0266267100000821
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 16,667
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA

View all 15 references / Add more references

Citations of this work BETA
Uskali Mäki (2008). Method and Appraisal in Economics, 1976–2006. Journal of Economic Methodology 15 (4):409-423.

View all 9 citations / Add more citations

Similar books and articles

Monthly downloads

Added to index


Total downloads

18 ( #153,723 of 1,726,249 )

Recent downloads (6 months)

3 ( #231,316 of 1,726,249 )

How can I increase my downloads?

My notes
Sign in to use this feature

Start a new thread
There  are no threads in this forum
Nothing in this forum yet.