Two portraits of economics

This is an assessment of two recent philosophical accounts of the nature of economics, those given in Alexander Rosenberg's Economics - Mathematical Politics or the Science of Diminishing Returns? (1992) and in Daniel Hausman's The Inexact and Separate Science of Economics (1992). The focus is on how they portray the predictive capabilities of economics and the links between economic theory and empirical evidence. Some major suggestions of the two books are found wanting in interesting ways. Examples are Rosenberg's explanation of the predictive weakness of economics in terms of its folk psychological roots and his depiction of economics as a branch of political philosophy and applied mathematics; and Hausman's claim that the ?economists? deductive method? is appropriate while ?economics as a separate science? is not.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.1080/13501789600000001
 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
Roger E. Backhouse (1995). An Empirical Philosophy of Economic Theory. [REVIEW] British Journal for the Philosophy of Science 46 (1):111-121.

View all 7 references / Add more references

Citations of this work BETA
Daniel M. Hausman (1997). Theory Appraisal in Neoclassical Economics. Journal of Economic Methodology 4 (2):289-296.

View all 8 citations / Add more citations

Similar books and articles
Daniel M. Hausman, Philosophy of Economics. Stanford Encyclopedia of Philosophy.
Daniel M. Hausman (1997). Theory Appraisal in Neoclassical Economics. Journal of Economic Methodology 4 (2):289-296.
Daniel Hausman (2001). Explanation and diagnosis in economics. Revue Internationale de Philosophie 3:311-326.

Monthly downloads

Added to index


Total downloads

11 ( #219,154 of 1,726,249 )

Recent downloads (6 months)

1 ( #369,877 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.