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  1. added 2018-03-08
    Popper, Rationality and the Possibility of Social Science.Danny Frederick - 2013 - Theoria : An International Journal for Theory, History and Fundations of Science 28 (1):61-75.
    Social science employs teleological explanations which depend upon the rationality principle, according to which people exhibit instrumental rationality. Popper points out that people also exhibit critical rationality, the tendency to stand back from, and to question or criticise, their views. I explain how our critical rationality impugns the explanatory value of the rationality principle and thereby threatens the very possibility of social science. I discuss the relationship between instrumental and critical rationality and show how we can reconcile our critical rationality (...)
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  2. added 2017-10-06
    On the Confirmation of the Law of Demand.Philippe Mongin - manuscript
    The paper applies confirmation theory to a famous statement of economics, the law of demand, which says that ceteris paribus, prices and quantities demanded change in opposite directions. Today's economists do not accept the law unless definite restrictions hold, and have shown little interest in deciding whether or not these restrictions were satisfied empirically. However, Hildenbrand (1994) has provided a new derivation of the law of aggregate demand and used this theoretical advance to devise a test that may be the (...)
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  3. added 2015-09-10
    Mark Blaug on the Normativity of Welfare Economics.D. Wade Hands - 2013 - Erasmus Journal for Philosophy and Economics 6 (3):1-25.
    Abstract: This paper examines Mark Blaug's position on the normative character of Paretian welfare economics: in general, and specifically with respect to his debate with Pieter Hennipman over this question during the 1990s. The paper also clarifies some of the confusions that emerged within the context of this debate, and closes by providing some additional arguments supporting Blaug's position that he himself did not provide.
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  4. added 2015-09-10
    Testing, Rationality and Progress: Essays on the Popperian Tradition in Economic Methodology.D. Wade Hands - 1993 - Roman & Littlefield.
    This book brings together ten previously published essays on the philosophy of economics and economic methodology. The general theme is the application of Karl Popper's philosophy of science to economics -- not only by Popper himself but also by other members of the "Popperian school." There are three major issues that surface repeatedly: the applicability of Popper's falsificationist philosophy of science; the applicability of I. Lakatos's "methodology of scientific research programs" to economics; and the question of Popper's "situational analysis" approach (...)
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  5. added 2015-09-10
    Popper, the Rationality Principle and Economic Explanation.D. Wade Hands - 1991 - In G. K. Shaw (ed.), Economics, Culture, and Education: Essays in Honor of Mark Blaug. Edward Elgar. pp. 108-119.
  6. added 2015-09-10
    Thirteen Theses on Progress in Economic Methodology.D. Wade Hands - 1990 - Finnish Economic Papers 3:72-76.
  7. added 2015-09-10
    Ad Hocness in Economics and Popperian Philosophy.D. Wade Hands - 1988 - In Neil de Marchi (ed.), The Popperian Legacy in Economics and Beyond. Cambridge University Press. pp. 121-137.
  8. added 2015-09-10
    The Methodology of Economic Research Programmes.Douglas W. Hands - 1979 - Philosophy of the Social Sciences 9 (3):293.
  9. added 2014-10-10
    Roy Weintraub's Studies in Appraisal: Lakatosian Consolations or Something Else?Andrea Salanti - 1991 - Economics and Philosophy 7 (2):221.
    As made manifest by Clower's comments on their “science fiction” nature, general equilibrium theories present such peculiar and puzzling features that the methodologist must perforce seek some specific methodological accommodation for this part of economic theory. The role played by such theories in contemporary economics is so fundamental that the impossibility of appraising them by means of any version of falsificationism, and their patent lack of empirical content if approached with the conceptual devices of the methodology of scientific research programs, (...)
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  10. added 2014-09-25
    Karl Popper: The Formative Years, 1902–1945, Malachi Haim Hacohen. Cambridge University Press, 2000, XIII + 610 Pages. [REVIEW]Mark A. Notturno - 2002 - Economics and Philosophy 18 (2):351-385.
  11. added 2014-09-25
    Popper and Tarski.David Miller - 1999 - In I. C. Jarvie & Sandra Pralong (eds.), Popper's Open Society After Fifty Years: The Continuing Relevance of Karl Popper. Routledge.
  12. added 2014-09-25
    Are “All-and-Some” Statements Falsifiable After All?: The Example of Utility Theory.Philippe Mongin - 1986 - Economics and Philosophy 2 (2):185-195.
    Popper's well-known demarcation criterion has often been understood to distinguish statements of empirical science according to their logical form. Implicit in this interpretation of Popper's philosophy is the belief that when the universe of discourse of the empirical scientist is infinite, empirical universal sentences are falsifiable but not verifiable, whereas the converse holds for existential sentences. A remarkable elaboration of this belief is to be found in Watkins's early work on the statements he calls “all-and-some,” such as: “For every metal (...)
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  13. added 2014-09-19
    Mark Blaug's Unrealistic Crusade for Realistic Economics.Uskali Mäki - 2013 - Erasmus Journal for Philosophy and Economics 6 (3):87-103.
    Mark Blaug’s normative methodology of economics is an attempt to articulate certain intuitions about how economic science could be improved by making it more “realistic”. I discuss two such articulations, one in terms of falsificationist principles, the other in terms of an alleged trade-off between relevance and mathematical rigour. My conclusion is that Blaug’s methodology is itself unrealistic, both descriptively and normatively. His (well intended) methodological prescriptions for the improvement of economics are not based on a systematic, consistent, descriptively adequate, (...)
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  14. added 2014-09-19
    Popper and Economic Methodology. Contemporary Challenges , Edited by Thomas A. Boylan and Paschal F. O'Gorman. Routledge, 2008, XI + 169 Pages. [REVIEW]Caterina Marchionni - 2009 - Economics and Philosophy 25 (2):223-229.
  15. added 2014-09-18
    Popper's Ideal Types: Open and Closed, Abstract and Concrete Societies.Ian Jarvie - 1999 - In I. C. Jarvie & Sandra Pralong (eds.), Popper's Open Society After Fifty Years: The Continuing Relevance of Karl Popper. Routledge.
  16. added 2014-09-18
    Is There Causality in History?Cyril Höschl - 1999 - In I. C. Jarvie & Sandra Pralong (eds.), Popper's Open Society After Fifty Years: The Continuing Relevance of Karl Popper. Routledge.
  17. added 2014-09-17
    Making a Case When Theory is Unfalsifiable.Abraham Hirsch & Neil de Marchi - 1986 - Economics and Philosophy 2 (1):1.
    Milton Friedman's famous methodological essay contains, along with much else, some strands that look as though they were taken from the “empirical-scientific” fabric described by Karl Popper. Think, for example, of Friedman's conviction that the way to test a hypothesis is to compare its implications with experience. Or of his more or less explicit espousal of the view that while no amount of facts can ever prove a hypothesis true, a single “fact” may refute it. Or of his assertion that (...)
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  18. added 2014-09-15
    Kuhn Vs. Popper by Way of Lakatos and the Cold War.Lawrence Boland - forthcoming - Journal of Economic Methodology.
    David Hume’s Treatise on Human Nature famously fell `deadborn from the press’ because it was too far ahead of its time. Basu’s book is one of a number published in recent years that suggest we are at last ready to put its precepts into action.1 Modern game theory provides a framework that makes Hume’s insights genuinely applicable, and I totaly agree with Basu that this is not only the right way forward, but that it now looksincreasingly likely that this is (...)
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  19. added 2014-09-15
    Dealing with Popper in Economic Methodology.Lawrence A. Boland - 2003 - Philosophy of the Social Sciences 33 (4):479-498.
  20. added 2014-09-12
    What About Falsifiability? Further Notes on Hausman's Revision of the Neoclassical Economic Methodology.Geert Reuten - 1997 - Journal of Economic Methodology 4 (2):297-302.
    Even if falsificationism in the strict Popper-Lakatos sense may be too harsh for economics, falsifiability and refutability are eminent criteria for theory appraisal. Hausman's (1997) revision of his (1992) methodology of economics does not come sufficiently close to meeting such a methodological requirement and risks allowing the prioritising of irrefutable theories over empirical phenomena. It therefore needs further advancement.
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  21. added 2014-09-12
    Economics: Mathematical Politics or Science of Diminishing Returns?Alexander Rosenberg - 1992 - University of Chicago Press.
    Economics today cannot predict the likely outcome of specific events any better than it could in the time of Adam Smith. This is Alexander Rosenberg's controversial challenge to the scientific status of economics. Rosenberg explains that the defining characteristic of any science is predictive improvability--the capacity to create more precise forecasts by evaluating the success of earlier predictions--and he forcefully argues that because economics has not been able to increase its predictive power for over two centuries, it is not a (...)
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  22. added 2014-08-16
    Why Economics is Not a Science of Behaviour.Marek Hudík - 2011 - Journal of Economic Methodology 18 (2):147-162.
    The paper criticises psychologism, i.e. the idea that economics is a science of behaviour or that it must be rooted in such a science. The argument is based on Hayek and Popper's thesis that economics studies spontaneous order. First, it is argued that if economics is to retain its traditional distance from psychology, it has to abandon the notion that it is concerned with behaviour. Then it is shown that there is no simple one-way causation from the psychological to the (...)
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  23. added 2014-08-13
    A Skirmish in the Popper Wars: Hutchison Versus Caldwell on Hayek, Popper, Mises, and Methodology.Bruce Caldwell - 2009 - Journal of Economic Methodology 16 (3):315-324.
    The paper is a reminiscence of T.W. Hutchison by way of a retrospective view of our debate over the relationship between the ideas of Karl Popper, F. A. Hayek, and Ludwig von Mises on methodology. Our dispute was part of a larger debate over the relevance of Popper's thought for economic methodology. Its place within the larger debate is also explored.
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  24. added 2014-03-30
    Popper, Hayek and the Open Society.Calvin Hayes - 2009 - Routledge.
    logical failure or contradiction by a fact. Intuition alone can decide between two competing theories agreeing with the facts. (ibid. ...
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  25. added 2014-03-29
    Situational Analysis Beyond Neoclassical Economists.Lawrence A. Boland - 1998 - Philosophy of the Social Sciences 28 (4):515-521.
    Until quite recently, some economic methodologists (particularly, those who began their careers in the late 1970s) were of the opinion that Karl Popper was misguided about economics. Some others claimed that Popper said little about economics. Yet, many economics students who began their appreciation of Popper after reading his Open Society and Its Enemies have quickly realized how easy that book is to understand because it is a generalization of neoclassical economics in terms of both methodological individualism and situational analysis. (...)
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  26. added 2014-03-24
    A Conversation with Terence Hutchison.John Hart - 2002 - Journal of Economic Methodology 9 (3):359-377.
    The pigeonholing of Hutchison's methodology as positivist, ultra-empiricist or Popperian has militated against a full appreciation of his more complex position. In this as-verbatim-as-possible account of an afternoon's discussion with Hutchison, it is the directly personal manner in which we gain insights, rather than simply the insights themselves, that we hope will help towards a re-assessment. We learn of his non-positivist view that economics is an empirical-historical discipline distinct from the natural sciences; and his rejection of Popper's view that prediction (...)
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  27. added 2014-03-23
    Terence Hutchison's 1938 Essay: Towards a Reappraisal.John Hart - 2003 - Journal of Economic Methodology 10 (3):353-373.
    Terence Hutchison's 1938 essay has been variously interpreted as introducing positivism, ultra?empiricism and Popperian falsificationism into economics. This paper argues that such interpretations are unfair and inaccurate. Moreover, they distract from his central message. The paper is divided into three main sections. The first seeks to demonstrate the extent to which Hutchison's essay differs from these previous interpretations. The second argues that Hutchison's central concern was to highlight and demonstrate the inadequacies of the traditional deductive method of?classical? economics. The third (...)
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  28. added 2014-03-23
    A Kuhnian Perspective on Econometric Methodology.Steven Cook - 2003 - Journal of Economic Methodology 10 (1):59-78.
    While there exist numerous applications of Kuhn's analysis of scientific revolutions to economics, there is yet to be an application to econometrics. The present paper addresses this via an analysis of the often-documented transition between the textbook and LSE methodologies witnessed in British time series econometrics. This exercise allows a number of issues to be raised. First, it will be questioned whether the observed transition in econometrics is an appropriate subject for analysis within the Kuhnian framework. This is the primary (...)
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  29. added 2014-03-20
    Clarifying the 'Puzzle' Between the Textbook and LSE Approaches to Econometrics: A Comment on Cook's Kuhnian Perspective on Econometric Modelling.George C. Davis - 2005 - Journal of Economic Methodology 12 (1):93-115.
    In a recent article, Cook conducted a Kuhnian analysis of the difference between the Textbook and LSE econometric approaches. This paper uses a semantic conception of theories (Suppe 1989) and a finer gradation of the theory of reduction process to clarify the apparent puzzle that exist between the Textbook and LSE approaches to econometrics. The paper demonstrates that a Kuhnian analysis in isolation can be more misleading than realized.
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  30. added 2014-03-19
    Evaluating Growth Theories and Their Empirical Support: An Assessment of the Convergence Hypothesis.Nevin Cavusoglu & Edinaldo Tebaldi - 2006 - Journal of Economic Methodology 13 (1):49-75.
    Understanding the factors determining economic growth has been a major concern for economists and governing bodies for many years. The Solow growth model and the endogenous growth models are the main theories tested and used in the growth literature. This paper discusses the main contributions to economic methodology and uses Lakatos's scientific research program framework to evaluate the main theoretical contributions to growth theory. Based on Lakatos's ideas, Solovian models are both empirically and theoretically progressive. Endogenous growth models, on the (...)
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  31. added 2014-03-10
    Is Endogenous Growth Theory Degenerating? Another Look at Lakatosian Appraisal of Growth Theories.Michal Brzezinski & Michal Dzielinski - 2009 - Journal of Economic Methodology 16 (3):243-263.
    In a recent paper, Cavusoglu and Tebaldi provided an evaluation of neoclassical and endogenous growth theories according to Lakatos's methodology of scientific research programmes. This paper offers three criticisms of their contribution as well as a rival Lakatosian appraisal of growth theories. First, we hold that Cavusoglu and Tebaldi do not provide a proper structure of theory comparison in their contribution. Second, we argue that they use an inadequate version of Lakatos's appraisal criterion. Third, against the claim of the authors, (...)
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  32. added 2014-03-10
    Machlup's Misrepresentation of Hutchison's Methodology.John Hart - 2009 - Journal of Economic Methodology 16 (3):325-340.
    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 (...)
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  33. added 2014-03-07
    Terence Hutchison and Frank Knight: A Reappraisal of Their 1940–1941 Exchange.John Hart - 2010 - Journal of Economic Methodology 17 (4):359-373.
    The person arguably most responsible for the view of Hutchison as the positivist who introduced positivism into economics was Frank Knight. I argue that Knight in 1940 failed to demonstrate that Hutchison was a positivist, at least in the narrow logical positivist sense of the term. By questioning Knight's charge, I aim to challenge the conventional wisdom that identifies?Hutchison? with?positivism?. The paper is then a first step in the argument that positivism, even in 1938, played only an inessential role in (...)
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  34. added 2014-03-04
    Reviews: Milton's Positivism Found Wanting. [REVIEW]D. Hammes - 2011 - Philosophy of the Social Sciences 41 (3):398-419.
    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 (...)
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  35. added 2014-03-04
    Terence Hutchison and the Introduction of Popper's Falsifiability Criterion to Economics.John Hart - 2011 - Journal of Economic Methodology 18 (4):409-426.
    Hutchison's 1938 essay has been variously interpreted as introducing positivism, ultra-empiricism and Popperian falsificationism to economics. Yet his apparent inconsistency in maintaining all of these positions seems to have gone unnoticed in the literature. Previously I have criticized attempts to characterize Hutchison as a positivist or ultra-empiricist. In this article I argue that Klappholz and Agassi failed to support their claim that Hutchison introduced Popper's criterion to economics. That is, this paper deals with this specific question, rather than the wider (...)
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  36. added 2014-03-04
    How Economic Methodology Became a Separate Science.Till Düppe - 2011 - Journal of Economic Methodology 18 (2):163-176.
    Ever since the formation of the field of economic methodology in the 1990s, doubts have been raised about its discursive closure from both inside and outside the field. Rather than embarking on a programmatic discussion, I present a historical narrative regarding the conditions of the formation of the field, which may have necessitated this closure. These conditions are found in the role methodological reflections played in the formalist revolution of the 1950s and in its critique in the 1970s. Both episodes (...)
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  37. added 2013-07-15
    A Test of the Experimental Method in the Spirit of Popper.Shaun Hargreaves Heap, Arjan Verschoor & Daniel John Zizzo - 2012 - Journal of Economic Methodology 19 (1):63-76.
    Do the insights into human behavior generated by laboratory experiments hold outside the lab? This is a crucial question that naturally troubles both experimentalists and their critics. We address this question by adopting Popper's injunction that hypotheses should be tested, not by seeking instances of confirmation, but through exposure to conditions where falsification is a serious possibility. We test the hypothesis ?that experimental insights hold outside the lab? by selecting a population where the non-experimental evidence points to behavior that is (...)
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  38. added 2013-07-15
    Review Symposium : Douglas W. Hands G. C. Archibald Joseph Agassi on S. J. Latsis, Ed. Method and Appraisal in Economics. Cambridge: Cambridge University Press, 1976. Pp. VIII + 218. $17.50 the Methodology of Economic Research Programmes. [REVIEW]Douglas W. Hands - 1979 - Philosophy of the Social Sciences 9 (3):293-303.
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  39. added 2013-07-01
    Karl Popper and Economic Methodology: A New Look.Douglas W. Hands - 1985 - Economics and Philosophy 1 (1):83-.
    Discussions of Karl Popper's falsificationist philosophy of science appear regularly in the recent literature on economic methodology. In this literature, there seem to be two fundamental points of agreement about Popper. First, most economists take Popper's falsificationist method of bold conjecture and severe test to be the correct characterization of scientific conduct in the physical sciences. Second, most economists admit that economic theory fails miserably when judged by these same falsificationist standards. As Latsis states, “the development of economic analysis would (...)
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  40. added 2012-03-30
    Le réalisme des hypothèses et la Partial Interpretation View.Philippe Mongin - 1988 - Philosophy of the Social Sciences 18 (3):281-325.
    The article discusses Friedman's classic claim that economics can be based on irrealistic assumptions. It exploits Samuelson's distinction between two "F-twists" (that is, "it is an advantage for an economic theory to use irrealistic assumptions" vs "the more irrealistic the assumptions, the better the economic theory"), as well as Nagel's distinction between three philosophy-of-science construals of the basic claim. On examination, only one of Nagel's construals seems promising enough. It involves the neo-positivistic distinction between theoretical and non-theoretical ("observable") terms; so (...)
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  41. added 2012-03-30
    A la recherche du temps perdu : Réponse à M.M. Lafleur, Rosenberg et Salmon.Philippe Mongin - 1988 - Philosophy of the Social Sciences 18 (4):537-549.
    A rejoinder to commentators of the paper by P. Mongin, "Le réalisme des hypothèses et la "Partial Interpretation View"", Philosophy of the Social Sciences, 18, 1988, p. 281-325. (This paper is listed and made available by Philpapers.).
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  42. added 2012-03-23
    Truth Versus Precision in Economics, Mayer Thomas. Aldershot: Edward Elgar, 1993.Marina Bianchi - 1994 - Economics and Philosophy 10 (1):145.
  43. added 2011-08-21
    Matching Popperian Theory to Practice.Fred Eidlin - 1999 - In I. C. Jarvie & Sandra Pralong (eds.), Popper's Open Society After Fifty Years: The Continuing Relevance of Karl Popper. Routledge.
  44. added 2011-08-21
    The Polish Church as an Enemy of the Open Society: Some Reflections on the Post-Communist Social-Political Transformations in Central Europe.Andrzej Flis - 1999 - In I. C. Jarvie & Sandra Pralong (eds.), Popper's Open Society After Fifty Years: The Continuing Relevance of Karl Popper. Routledge.
  45. added 2011-08-21
    Lakatosian Perspectives on General Equilibrium Analysis.Roger E. Backhouse - 1993 - Economics and Philosophy 9 (2):271.
  46. added 2011-08-21
    Comment On D. Wade Hands,“Karl Popper and Economic Methodology: A New Look”.Mark Blaug - 1985 - Economics and Philosophy 1 (2):286-.
    The central argument of this interesting paper is that Popper appears to be inconsistent: on the one hand, he preaches methodological monism-scientific method in the social sciences is identical to scientific method in the natural sciences-and on the other hand he advocates “situational analysis” as the unique method of the social sciences. Situational analysis is nothing but our old neoclassical friend, the rationality principle-individual maximizing behavior subject to constraints-and thus, Popper seems to be saying, neoclassical economics is the only valid (...)
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