David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Economic Methodology 10 (3):397-415 (2003)
It is generally agreed that mainstream economics follows John Stuart Mill's economic methodology. Since Mill's deductivist methodology was explicitly anti?empirical, this raises the question of to what degree economics is an empirical science. To help answer this question, Gerald Holton's notion of themata is introduced. Themata are ideas and intuitions that influence scientists in their investigations that are based neither on empirical observation nor deductive reasoning, and so are often overlooked by empiricists. The question can then be posed as follows: when empirical data conflict with themata, do economists privilege the former or the latter ? do they privilege experience or intuition? It is argued that there are documented instances of research programs in which intuition is privileged over experience. From this it is concluded that economists follow two methodologies: an empiricist methodology and a rationalist methodology. The question of which methodology is more frequently employed is a matter for subsequent empirical research
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Drucilla K. Barker & Edith Kuiper (eds.) (2003). Toward a Feminist Philosophy of Economics. Routledge.
Tony Lawson (2004). Reorienting Economics: On Heterodox Economics, Themata and the Use of Mathematics in Economics. Journal of Economic Methodology 11 (3):329-340.
Thomas Mayer (1998). Boettke's Austrian Critique of Mainstream Economics: An Empiricist's Response. Critical Review 12 (1-2):151-171.
Roger Backhouse (ed.) (1998). Explorations in Economic Methodology: From Lakatos to Empirical Philosophy of Science. Routledge.
Daniel M. Hausman (1992). Essays on Philosophy and Economic Methodology. Cambridge University Press.
Uskali Mäki (1996). Two Portraits of Economics. Journal of Economic Methodology 3 (1):1-38.
Oliver E. Williamson (2009). Pragmatic Methodology: A Sketch, with Applications to Transaction Cost Economics. Journal of Economic Methodology 16 (2):145-157.
Tony Lawson (1997). Economics and Reality. Routledge.
Peter Spiegler (2012). The Unbearable Lightness of the Economics-Made-Fun Genre. Journal of Economic Methodology 19 (3):283-301.
Lawrence A. Boland (2003). Methodological Criticismvs. Ideology and Hypocrisy. Journal of Economic Methodology 10 (4):521-526.
Uskali Mäki (1994). Methodology Might Matter, but Weintraub's Meta-Methodology Shouldn't. Journal of Economic Methodology 1 (2):215-232.
Geert Reuten (1996). A Revision of the Neoclassical Economics Methodology. Journal of Economic Methodology 3 (1):39-68.
Added to index2012-02-20
Total downloads5 ( #176,011 of 1,006,223 )
Recent downloads (6 months)1 ( #64,735 of 1,006,223 )
How can I increase my downloads?