David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Economic Methodology 12 (3):363-381 (2005)
There has been considerable discussion lately of the concept of open systems, which has revealed that different participants are using the terms ?openness? and ?closure? in different ways. The purpose of this paper is to address issues of meaning that arise in this particular discourse, with a view to clarifying both conflicts in usage and the underlying issues involved. We explore the different meanings of openness and closure extant in the literature, as applied at the ontological and epistemological levels, focusing on our own use of the terms in relation to that which prevails in neoclassical economics on the one hand and to the use made of them by Tony Lawson and other critical realists on the other.
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Citations of this work BETA
Jamie Morgan (2012). Economics Critique: Framing Procedures and Lawson's Realism in Economics. Journal of Critical Realism 11 (1):94-125.
Adam Martin (2011). Rational Choice Without Closure: The Microfoundations of Virtuous Cycles and Vicious Circles. Journal of Economic Methodology 18 (4):345-361.
Sheila C. Dow & Dipak Ghosh (2009). Fuzzy Logic and Keynes's Speculative Demand for Money. Journal of Economic Methodology 16 (1):57-69.
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