Reviews: Milton's Positivism Found Wanting
Philosophy of the Social Sciences 41 (3):398-419 (2011)
| Abstract | Milton Friedman’s 1953 essay created controversy and consternation amongst economists. It provided a prescription, based on empirically generated predictive success, of how to do economics, yet many saw it as a concession of the search for truth and theoretical beauty within the discipline. This article reviews a 50th anniversary festschrift devoted to views of the essay. The purpose of the volume is to provide today’s reader with the essay, responses, and a guide to interpreting it. The volume is selective and several contributors have their own agendas, but the feeling of tumult the essay still engenders is nicely conveyed | |||||||||
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John Milton (1991). Political Writings. Cambridge University Press.
D. Wade Hands (2003). Did Milton Friedman's Methodology License the Formalist Revolution? Journal of Economic Methodology 10 (4):507-520.
David Teira (2009). Why Friedman's Methodology Did Not Generate Consensus Among Economists? Journal of the History of Economic Thought 31 (2):201-214.
Uskali Mäki (2003). 'The Methodology of Positive Economics' (1953) Does Not Give Usthemethodology of Positive Economics. Journal of Economic Methodology 10 (4):495-505.
David Teira (2007). Milton Friedman, the Statistical Methodologist. History of Political Economy 39 (3):511-28.
Lawrence A. Boland (2003). Methodological Criticismvs. Ideology and Hypocrisy. Journal of Economic Methodology 10 (4):521-526.
Thomas Mulligan (1986). A Critique of Milton Friedman's Essay 'the Social Responsibility of Business is to Increase its Profits'. Journal of Business Ethics 5 (4):265 - 269.
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