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  1. Revisiting Friedman’s F53: Popper, Knight, and Weber.Hoyningen-Huene Paul - 2017
    Neither Karl Popper, nor Frank Knight, nor Max Weber are cited or mentioned in Friedman’s famous 1953 essay “On the methodology of positive economics” (F53). However, they play a crucial role in F53. Making their con-tribution explicit suggests that F53 has been seriously misread in the past. I will first show that there are several irritating statements in F53 that are, taken together, not compatible with any of the usual readings of F53. Sec-ond, I show that an alternative reading of (...)
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  2. Retreat From Normativism.Marcel Boumans - 2021 - Journal of Economic Methodology 28 (1):60-66.
    In economic methodology, a complete turn to practice is hampered by a broadly shared normative stance towards practice. The root of this normativism is Platonism. Platonism presupposes in essence a...
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  3. On Letting Serious Crises Go to Waste.Francesco Guala - 2021 - Journal of Economic Methodology 28 (1):40-45.
    Although the philosophy of economics has thrived during periods of crisis, it is by no means clear that it will continue to do so. Have philosophers of economics wasted important opportunities duri...
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  4. Philosophy of Economics: Past and Future.Daniel M. Hausman - 2021 - Journal of Economic Methodology 28 (1):14-22.
    This essay offers a history of the development of philosophy of economics from the 1830s until today, with a personal perspective on the developments of the last four decades. It argues that change...
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  5. The Field: Tasks, Pasts, Futures.Uskali Mäki - 2021 - Journal of Economic Methodology 28 (1):3-13.
    The paper sketches a story about how and why the field of economic methodology / philosophy of economics emerged, and how it has evolved intellectually and ins...
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  6. On the Epistemological Similarities of Market Liberalism and Standpoint Theory.Raimund Pils & Philipp Schoenegger - 2021 - Episteme:1-21.
    In this paper, we draw attention to the epistemological assumptions of market liberalism and standpoint theory and argue that they have more in common than previously thought. We show that both traditions draw on a similar epistemological bedrock, specifically relating to the fragmentation of knowledge in society and the fact that some of this knowledge cannot easily be shared between agents. We go on to investigate how market liberals and standpoint theorists argue with recourse to these similar foundations, and sometimes (...)
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  7. What Are We Up To?Jack Vromen - 2021 - Journal of Economic Methodology 28 (1):23-31.
    Even though one of the founding aspirations of our field was to foster mutually beneficial exchanges between economics and philosophy, economists never paid much attention to our work. Now that pra...
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  8. The Phenomenology of Homo Economicus.Galit Ailon - 2020 - Sociological Theory 38 (1):36-50.
    Much has been written about the fictitious nature of the atomistic model of homo economicus. Nevertheless, this economic model of self-interest and egoism has become conventional wisdom in market societies. This article offers a phenomenological explanation for the model’s commonsensical grip. Building on the work of Alfred Schutz, I argue that a reliance on homo economicus as an interpretive scheme for making sense of the behavior of economic Others has the effect of reversing the meaning of signs and doubts that (...)
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  9. What Can Economists Learn From Deleuze?Abderrazak Belabes - 2020 - Economic Thought 9 (2):55.
    Listening, seeing and reading Gilles Deleuze has had an influence on my thinking more than most of the economic writings I have consulted over the past quarter of a century. This discovery and furtherance of knowledge enriched my reflection and also allowed me to go beyond the general philosopher, as a philosopher opening the way to new horizons. It makes the researcher aware that the most important thing is not the philosopher man but the man philosopher, i.e. the one who (...)
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  10. Pluralism in Economics: Its Critiques and Their Lessons.Claudius Gräbner & Birte Strunk - 2020 - Journal of Economic Methodology 27 (4):311-329.
    This paper starts with an evaluation of three common arguments against pluralism in economics: the claim that economics is already pluralist, the argument that if there was the need for gre...
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  11. Deleuze Among the Economists: A Short Commentary on Abderrazak Belabes' 'What Can Economists Learn From Deleuze?'.Geoffrey Pfeifer - 2020 - Economic Thought 9 (2):71.
    Read 'What can Economists Learn from Deleuze?'...
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  12. Comment on Abderrazak Belabes' 'What Can Economists Learn From Deleuze?'.James E. Rowe - 2020 - Economic Thought 9 (2):68.
    Read 'What can Economists Learn from Deleuze?'...
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  13. Die toten Hände der Gruppenauswahl und Phänomenologie -Ein Rückblick auf "Individualität und Verstrickung" (Individuality and Entanglement) von Herbert Gintis 357p (2017) (Rezension überarbeitet 2019).Michael Richard Starks - 2020 - In Willkommen in der Hölle auf Erden: Babys, Klimawandel, Bitcoin, Kartelle, China, Demokratie, Vielfalt, Dysgenie, Gleichheit, Hacker, Menschenrechte, Islam, Liberalismus, Wohlstand, Internet, Chaos, Hunger, Krankheit, Gewalt, Künstliche Intelligenz, Krieg. Las Vegas, NV, USA: Reality Press. pp. 259-271.
    Da Gintis ein leitender Ökonom ist und ich einige seiner früheren Bücher mit Interesse gelesen habe, erwartete ich einige weitere Einblicke in das Verhalten. Leider, macht er die toten Hände der Gruppenauswahl und Phänomenologie in die Herzstücke seiner Verhaltenstheorien, und das macht die Arbeit weitgehend ungültig. Schlimmer noch, da er hier ein so schlechtes Urteilsvermögen an den Tag stellt, stellt er all seine bisherigen Arbeiten in Frage. Der Versuch, die Gruppenauswahl seiner Freunde in Harvard, Nowak und Wilson wiederzubeleben, vor ein (...)
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  14. Gambling with Death.H. Orri Stefánsson - 2020 - Topoi 39 (2):271-281.
    Orthodox expected utility theory imposes too stringent restrictions on what attitudes to risk one can rationally hold. Focusing on a life-and-death gamble, I identify as the main culprit the theory’s Linearity property, according to which the utility of a particular change in the risk of a bad outcome is independent of the original level of risk. Finally, I argue that a recent non-standard Bayesian decision theory, that does not have this property, handles risky gambles better than the orthodox theory.
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  15. Extrapolation of Causal Effects – Hopes, Assumptions, and the Extrapolator’s Circle.Donal Khosrowi - 2019 - Journal of Economic Methodology 26 (1):45-58.
    I consider recent strategies proposed by econometricians for extrapolating causal effects from experimental to target populations. I argue that these strategies fall prey to the extrapolator’s circle: they require so much knowledge about the target population that the causal effects to be extrapolated can be identified from information about the target alone. I then consider comparative process tracing as a potential remedy. Although specifically designed to evade the extrapolator’s circle, I argue that CPT is unlikely to facilitate extrapolation in typical (...)
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  16. Las manos muertas de selección de grupo y fenomenología--una revisión de la ‘Individualidad y el Entrelazamiento’ (Individuality and Entanglement) por Herbert Gintis 357p (2017)(revisión revisada 2019).Michael Richard Starks - 2019 - In Delirios Utópicos Suicidas en el Siglo 21 La filosofía, la naturaleza humana y el colapso de la civilización Artículos y reseñas 2006-2019 4a Edición. Las Vegas, NV USA: Reality Press. pp. 344-356.
    Como Gintis es economista senior y he leído algunos de sus libros anteriores con interés, esperaba más información sobre el comportamiento. Tristemente, hace las manos muertas de selección de grupos y fenomenología en los centros de sus teorías de comportamiento, y esto invalida en gran medida la obra. Peor aún, ya que muestra tan mal juicio aquí, cuestiona todo su trabajo anterior. El intento de resucitar la selección grupal por sus amigos en Harvard, Nowak y Wilson, hace unos años fue (...)
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  17. Money and Mental Contents.Sarah Vooys & David G. Dick - 2019 - Synthese 198 (4):3443-3458.
    It can be hard to see where money fits in the world. Money seems both real and imaginary, since it has obvious causal powers, but is also, just as obviously, something humans have just made up. Recent philosophical accounts of money have declared it to be real, but for very different reasons. John Searle and Francesco Guala disagree over whether money is just whatever acts like money, or just whatever people believe to be money. In developing their accounts of institutions (...)
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  18. Ekonomia altruizmu – o racjonalności zachowań prospołecznych.Magdalena Adamus - 2018 - Diametros 57:1-22.
    This paper presents considerations on altruism and prosocial behaviour formulated on the basis of some experiments with the ultimatum game. In the first part it will discuss relations between expected utility theories, the characteristics of homo oeconomicus and a modern understanding of altruism. It will focus in particular on conceptual differences, indicating that we can find more than one definition of altruism in modern literature. The second part of the text will provide an overview of selected behavioural theories of prosocial (...)
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  19. Liberal Individualism and Reforms.Ihor Karivets' - 2016 - In Mykola Bunyk Antonina Kolodii (ed.), Liberalism,Postcommunism and Reforms. Ludwig von Mises and Contemporary Societies Studies. A Collection of Research Papers. pp. 160-167.
    In this article the author considers the essential connection between liberal individualism, reforms and initiativeness. The author shows that liberal individualism has nothing in common with robinsonade, egoism and narrow view upon the things. On the contrary, it sets free the initiativeness of people and makes them active in social, economic and civil spheres. Consequently, if Ukrainians want the decentralization in all the spheres of life, then it is necessarily to realize the ideas of classical liberalism: liberty, equality and justice. (...)
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  20. Economics Made Fun: Philosophy of the Pop-Economics.N. Emrah Aydinonat & Jack J. Vromen (eds.) - 2015 - London: Routledge.
    Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public. In the face of this crisis, many people, including well-known economists such as Paul Krugman, have started to express their doubts about whether economics is a success as a science. As well as academic papers, newspaper columns (...)
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  21. How Valuable Are Chances?H. Orii Stefansson & Richard Bradley - 2015 - Philosophy of Science 82 (4):602-625.
    Chance Neutrality is the thesis that, conditional on some proposition being true, its chance of being true should be a matter of practical indifference. The aim of this article is to examine whether Chance Neutrality is a requirement of rationality. We prove that given Chance Neutrality, the Principal Principle entails a thesis called Linearity; the centerpiece of von Neumann and Morgenstern’s expected utility theory. With this in mind, we argue that the Principal Principle is a requirement of practical rationality but (...)
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  22. Acceptable Risk.Cory Wimberly - 2015 - In The SAGE Encyclopedia of Economics and Society. SAGE.
    Perhaps the topic of acceptable risk never had a sexier and more succinct introduction than the one Edward Norton, playing an automobile company executive, gave it in Fight Club: “Take the number of vehicles in the field (A), multiply it by the probable rate of failure (B), and multiply the result by the average out of court settlement (C). A*B*C=X. If X is less than the cost of the recall, we don’t do one.” Of course, this dystopic scene also gets (...)
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  23. In Pursuit of the Rarest of Birds: An Interview with Gilbert Faccarello.Gilbert Faccarello, Joost Hengstmengel & Thomas R. Wells - 2014 - Erasmus Journal for Philosophy and Economics 7 (1):86-108.
    GILBERT JEAN FACCARELLO (Paris, 1950) is professor of economics at Université Panthéon-Assas, Paris, and a member of the Triangle research centre (École Normale Supérieure de Lyon and CNRS). He is presently chair of the ESHET Council (European Society for the History of Economic Thought). He completed his doctoral research in economics at Université de Paris X Nanterre. He has previously taught at the Université de Paris-Dauphine, Université du Maine and École Normale Supérieure de Fontenay/Saint-Cloud (now École Normale Supérieure de Lyon). (...)
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  24. The Role of Experts in the Methodology of Economics.Carlo Martini - 2014 - Journal of Economic Methodology 21 (1):77-91.
    Is subjective expert judgment a source of evidence in economics? In this paper, I will argue that it is, on a par with other sources like modeling, statistics, experimental, etc. I will also argue that it is not derivative, that is, reducible to the previous ones. But what is exactly the role of experts in economics? The contribution to the current methodological debate that I propose not only takes the role of expertise in economics as indispensable, but also suggests a (...)
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  25. Markets and Economic Theory.Jonny Anomaly & Geoffrey Brennan - 2013 - In Byron Kaldis (ed.), Encyclopedia of Philosophy and the Social Sciences. Sage Publications.
  26. Herding, Social Influence and Expert Opinion.Michelle Baddeley - 2013 - Journal of Economic Methodology 20 (1):35 - 44.
    (2013). Herding, social influence and expert opinion. Journal of Economic Methodology: Vol. 20, Methodology, Systemic Risk, and the Economics Profession, pp. 35-44. doi: 10.1080/1350178X.2013.774845.
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  27. Reflexivity, Complexity, and the Nature of Social Science.Eric D. Beinhocker - 2013 - Journal of Economic Methodology 20 (4):330-342.
    In 1987, George Soros introduced his concepts of reflexivity and fallibility and has further developed and applied these concepts over subsequent decades. This paper attempts to build on Soros's framework, provide his concepts with a more precise definition, and put them in the context of recent thinking on complex adaptive systems. The paper proposes that systems can be classified along a ‘spectrum of complexity’ and that under specific conditions not only social systems but also natural and artificial systems can be (...)
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  28. Reflexivity Unpacked: Performativity, Uncertainty and Analytical Monocultures.Richard Bronk - 2013 - Journal of Economic Methodology 20 (4):343-349.
    This paper analyses Soros' theory of reflexivity by breaking it down into several component concepts that are individually well analysed in existing literature – including performativity, self-reinforcing feedback loops and uncertainty. By focusing on the cognitive myopia implied by analytical monocultures and on the indeterminacy implied by innovation, it helps establish boundaries of applicability for reflexivity models. It argues that Soros largely ignores a key element in the formation of self-reinforcing delusions or market bubbles – the role played in conditions (...)
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  29. The Elgar Companion to Recent Economic Methodology.François Claveau - 2013 - Journal of Economic Methodology 20 (1):81 - 86.
    (2013). The Elgar companion to recent economic methodology. Journal of Economic Methodology: Vol. 20, Methodology, Systemic Risk, and the Economics Profession, pp. 81-86. doi: 10.1080/1350178X.2013.774853.
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  30. Introduction: Methodology, Systemic Risk, and the Economics Profession.John Davis & Wade Hands - 2013 - Journal of Economic Methodology 20 (1):1 - 5.
    (2013). Introduction: Methodology, systemic risk, and the economics profession. Journal of Economic Methodology: Vol. 20, Methodology, Systemic Risk, and the Economics Profession, pp. 1-5. doi: 10.1080/1350178X.2013.774842.
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  31. Epistemology and Economics.Jeffrey Helzner - 2013 - Synthese 190 (5):781-786.
  32. Beyond Mechanical Markets – Asset Price Swings, Risk and the Role of the State.Kevin D. Hoover - 2013 - Journal of Economic Methodology 20 (1):69 - 75.
    (2013). Beyond mechanical markets – asset price swings, risk and the role of the state. Journal of Economic Methodology: Vol. 20, Methodology, Systemic Risk, and the Economics Profession, pp. 69-75. doi: 10.1080/1350178X.2013.774856.
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  33. Rationality and Self-Interest in Pettit’s Model of Virtual Reality.Pedro McDade - 2013 - Dissertation, London School of Economics and Political Science
    Economists usually assume that rational actions are the ones motivated by a self-interested agent. However in our daily life we often see people doing altruistic actions which we praise and which we do not call irrational. How can we account for this paradox? This question and the tension underlying it, is at the heart of Philip Pettit’s classic essay, “The Virtual Reality of Homo Economicus” (1995). This dissertation constitutes a detailed analysis and evaluation of the claims that Pettit makes there, (...)
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  34. Philosophy of Economics: A Contemporary Introduction.Julian Reiss - 2013 - Routledge.
    Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics. It introduces the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered. Throughout, philosophical issues are illustrated by and analysed in the context of concrete cases drawn from contemporary economics, the history of economic ideas, and actual economic events. This demonstrates the relevance of philosophy of economics both for the science of economics and (...)
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  35. The Economics of Freedom: Theory, Measurement, and Policy Implications.Sebastiano Bavetta & Pietro Navarra - 2012 - Cambridge University Press.
    What is freedom? Can we measure it? Does it affect policy? This book develops an original measure of freedom called 'Autonomy Freedom', consistent with J. S. Mill's view of autonomy, and applies it to issues in policy and political design. The work pursues three aims. First, it extends classical liberalism beyond exclusive reliance on negative freedom so as to take autonomous behavior explicitly into account. Second, it grounds on firm conceptual foundations a new standard in the measurement of freedom that (...)
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  36. Exchanges and Relationships: On Hard-Headed Economics Capturing the Soft Side of Life.Andrew Jason Cohen - 2012 - Social Theory and Practice 38 (2):231-257.
    Many social scientists think of exchange in terms far broader than philosophers. I defend the broader use of the term as well as the claim that meaningful human relationships are usefully understood as constituted by exchanges. I argue, though, that we must recognize that a great number of non-monetary and non-material goods are part of our daily lives and exchanges. Particularly important are emotional goods. I defend my view against the important objection that it demeans intimate relationships. As an addendum, (...)
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  37. The Problem of Unemployment.Dimitria Electra Gatzia - 2012 - Economics, Management, and Financial Markets 7 (2):36-54.
    The aim of this paper is to address the problem of unemployment. Economists generally agree that a zero rate of unemployment is not only unattainable but also undesirable within capitalism. This is problematic because, as it will be shown, unemployment has adverse effects on both individuals and societies. Assuming that the primary aim of economics is to improve people’s lives, it behooves us to find a solution to the problem of unemployment. Two solutions will be offered. The first works within (...)
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  38. Les risques majeurs et l'action publique.Céline Grislain-Letremy, Reza Lahidji & Philippe Mongin - 2012 - Paris: La Documentation Française.
    Par risques majeurs, on entend ceux qui s’attachent à des événements dont les conséquences défavorables, pour l’humanité ou pour l’environnement, sont d’une gravité exceptionnelle. On n’ajoutera ni que ces événements sont d’une intensité physique extrême, ni qu’ils surviennent rarement, car ce n’est pas toujours le cas. Seuls des risques majeurs de nature civile seront considérés dans cet ouvrage, et il s'agira, plus limitativement, de risques naturels, comme ceux d’inondation et de submersion marine, illustrés par la tempête Xynthia en 2010, de (...)
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  39. Adam Smith and the Modern Science of Ethics.James Konow - 2012 - Economics and Philosophy 28 (3):333-362.
    Third-party decision-makers, or spectators, have emerged as a useful empirical tool in modern social science research on moral motivation. Spectators of a sort also serve a central role in Adam Smith's moral theory. This paper compares these two types of spectatorship with respect to their goals, methodologies, visions of human nature and emphasis on moral rules. I find important similarities and differences and conclude that this comparison suggests significant opportunities for philosophical ethics to inform empirical and theoretical research on moral (...)
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  40. Economic Methodology: Understanding Economics as a Science.Ivan A. Boldyrev - 2011 - Journal of Economic Methodology 18 (4):427-432.
  41. On Becker’s Studies of Marijuana Use as an Example of Analytic Induction.Martyn Hammersley - 2011 - Philosophy of the Social Sciences 41 (4):535-566.
    Analytic induction (AI) is an interpretation of scientific method that emerged in early twentieth-century sociology and still has some influence today. Among the studies often cited as examples are Becker’s articles on marijuana use. While these have been given less attention than the work of Lindesmith on opiate addiction and Cressey on financial trust violation, Becker’s work has distinctive features. Furthermore, it raises some important and interesting issues that relate not only to AI but to social scientific explanation more generally. (...)
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  42. Economic Exchange as an Evolutionary Transmission Channel in Human Societies.Bertin Martens - 2011 - Biological Theory 6 (4):366-376.
    This article argues that the (epi)genetic, cultural, symbolic, and environmental transmission channels are insufficient to explain the structure of modern human societies. Economic exchange of knowledge embodied in goods and services constitutes an additional transmission channel that makes more efficient use of limited human cognitive capacity. Economic exchange results in a gradual shift in societies from task-based division of labor to cognitive specialization. This shifts scarce cognitive resources away from production and into learning. It accelerates learning and reinforces the drive (...)
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  43. Review of C. Mantzavinos (Ed.) 2009. Philosophy of the Social Sciences: Philosophical Theory and Scientific Practice.Michiru Nagatsu - 2011 - Economics and Philosophy 27 (1):75-83.
  44. A Review Essay on David Laibman's Deep History: A Study in Social Evolution and Human Potential.Altug Yalcintas - 2011 - Journal of Philosophical Economics 5 (1):168-182.
    The frequency of historical materialist explanations in evolutionary social sciences is very low even though historical materialism and evolutionism have great many shared aims towards explaining the long term social change. David Laibman in his Deep History (2007) picks up some of the standard questions of evolutionary social theory and aims at advancing the conception of historical materialism so as to develop a Marxist theory of history from an evolutionary point of view. The contribution of Laibman’s work is to show (...)
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  45. The Division of Labour in Science: The Tradeoff Between Specialisation and Diversity.Rogier De Langhe - 2010 - Journal of Economic Methodology 17 (1):37-51.
    Economics is a typical resource for social epistemology and the division of labour is a common theme for economics. As such it should come as no surprise that the present paper turns to economics to formulate a view on the dynamics of scientific communities, with precursors such as Kitcher (1990), Goldman and Shaked (1991) and Hull (1988). But although the approach is similar to theirs, the view defended is different. Mäki (2005) points out that the lessons philosophers draw from economics (...)
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  46. The Economist's Oath:On the Need for and Content of Professional Economic Ethics: On the Need for and Content of Professional Economic Ethics.George DeMartino - 2010 - Oxford University Press.
    "I do solemnly swear" -- Economics in practice : what do economists do? -- Ethical challenges confronting the applied economist -- Historical perspective : "don't predict the interest rate!" -- Interpreting the silence : the economic case against professional economic ethics -- The economic case against professional economic ethics : a rebuttal -- The positive case for professional economic ethics -- Learning from others : ethical thought across the professions -- Economists as social engineers : an ethical evaluation of market (...)
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  47. Introduction: Methodological Implications of the Financial Crisis.Kevin D. Hoover - 2010 - Journal of Economic Methodology 17 (4):397-398.
  48. Filosofía y Ciencias Humanas: Para Un Nuevo Diálogo Interdisciplinario.Francisco Leocata - 2010 - Educa, Editorial de la Universidad Católica Argentina.
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  49. Review of Representation and Structure in Economics. The Methodology of Econometric Models of the Consumption Function. [REVIEW]Federica Russo - 2010 - Economics and Philosophy 26 (1):114-118.
  50. Tracing the Economic : Modern Art's Construction of Economic Value.Jack Amariglio - 2009 - In Jack Amariglio, Joseph W. Childers & Stephen Cullenberg (eds.), Sublime Economy: On the Intersection of Art and Economics. Routledge.
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