Graduate studies at Western
Journal of Economic Methodology 16 (3):325-340 (2009)
|Abstract||Hutchison's 1938 essay has been mainly interpreted as introducing positivism and ultra-empiricism into economics. Such interpretations misrepresent his position. While he clearly drew on logical positivism, his methodology stems from a more moderate form of empiricism. However the issue at stake is not the exact degree of Hutchison's empiricism, but rather the extent to which such negative labelling has trivialised his position and distracted attention from the main concern of his 1938 essay. This was to mount a sustained and systematic criticism of the traditional abstract-deductive method in economics. In its place Hutchison sought to promote a more empirical, inductive approach. The paper is concerned with demonstrating the extent to which Machlup failed to provide evidence of Hutchison's ultra-empiricism. It thereby seeks to clear the way towards a reappraisal of Hutchison's methodology and towards a reappraisal of its relevance in our post-positivist era.|
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
John Hart (2003). Terence Hutchison's 1938 Essay: Towards a Reappraisal. Journal of Economic Methodology 10 (3):353-373.
John Hart (2011). Terence Hutchison and the Introduction of Popper's Falsifiability Criterion to Economics. Journal of Economic Methodology 18 (4):409-426.
John Hart (2010). Terence Hutchison and Frank Knight: A Reappraisal of Their 1940–1941 Exchange. Journal of Economic Methodology 17 (4):359-373.
Ross B. Emmett (2009). Realism and Relevance in the Economics of a Free Society: The Knight–Hutchison Debate. Journal of Economic Methodology 16 (3):341-350.
John Hart (2002). A Conversation with Terence Hutchison. Journal of Economic Methodology 9 (3):359-377.
T. W. Hutchison (1999). 'Ultra-Deductivism', Perfect Knowledge and the Methodology of Economics: Some Lingering Doubts. Journal of Economic Methodology 6 (1):131-132.
Bruce Caldwell (2009). A Skirmish in the Popper Wars: Hutchison Versus Caldwell on Hayek, Popper, Mises, and Methodology. Journal of Economic Methodology 16 (3):315-324.
Julia K. Hutchison (2000). John A. Hutchison, 1912-2000. Proceedings and Addresses of the American Philosophical Association 74 (2):111 - 112.
T. W. Hutchison (2009). A Formative Decade: Methodological Controversy in the 1930s. Journal of Economic Methodology 16 (3):297-314.
Roger E. Backhouse (2009). An Unfinished Manuscript by Terence Hutchison. Journal of Economic Methodology 16 (3):293-296.
Terence Hutchison (1998). Ultra-Deductivism From Nassau Senior to Lionel Robbins and Daniel Hausman. Journal of Economic Methodology 5 (1):43-91.
D. Wade Hands (2003). Did Milton Friedman's Methodology License the Formalist Revolution? Journal of Economic Methodology 10 (4):507-520.
Daniel M. Hausman (1984). Philosophy and Economic Methodology. PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1984:231 - 249.
John Hutchison (1958). II. The Uses of Natural Theology an Essay in Redefinition. Journal of Philosophy 55 (22):936-944.
J. Hutchison Stirling (1880). Criticism of Kant's Main Principles. Journal of Speculative Philosophy 14 (4):353 - 376.
Sorry, there are not enough data points to plot this chart.
Added to index2012-02-20
Recent downloads (6 months)0
How can I increase my downloads?