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  1. What is Wrong with Ceteris-Paribus Law-Statements?Danny Frederick - manuscript
    It is often contended that the special sciences, and even fundamental physics, make use of ceteris-paribus law-statements. Yet there are general concerns that such law-statements are vacuous or untestable or unscientific. I consider two main kinds of ceteris-paribus law-statement. I argue that neither kind is vacuous, that one of the kinds is untestable, that both kinds may count as scientific to the extent that they form parts of conjunctions that imply novel falsifiable statements which survive testing, but that one kind (...)
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  2. Measuring Utility: From the Marginal Revolution to Behavioral Economics, Ivan Moscati. Oxford University Press, 2019, Vii + 326 Pages. [REVIEW]Catherine Herfeld - 2021 - Economics and Philosophy 37 (1):144-150.
  3. Why Economists Do Not Convince Folks?Tommaso Ostillio - 2019 - The Digital Scholar: Philosopher's Lab 2 (4):168-174.
    This paper argues that economics is epistemologically limited in at least two main ways: first, economics fails at managing uncertainty as effectively as natural sciences do; second, economics assumes that rational patterns of utility maximization are real just to ensure deduction within economic models. Hence, this paper maintains that the high level of abstraction from reality of economics limits its explanations of its constantly changing ontology, i.e. markets. In particular, this paper shows that the epistemological limitations of economics become evident (...)
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  4. Uncertainty, ‘Irrational Exuberance’ and the Psychology of Bubbles: An Argument Over the Legitimacy of Financial Regulation for Bounded Rational Agents.Ramiro Ávila Peres - 2019
    One of the explanations for the Great Crisis of 2007-2008 was that financial authorities should have issued stricter regulations to prevent the housing bubble. However, according to Alan Greenspan, President of the Federal Reserve System (FED) from 1987 to 2006, this is to judge with hindsight. No one can guess when a “bubble” begins, nor when it ends; they happen because of the “irrational exuberance” in investors’ behavior, which causes boom and bust cycles. Regulators are not in a better situation (...)
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  5. Cluster Approach in Innovation and Investment Entrepreneurial Activity in Free Economic Zones Promoting.Igor Britchenko & Peter Jarosz - 2018 - In Igor Britchenko & Yevheniia Polishchuk (eds.), Development of small and medium enterprises: the EU and east-partnership countries experience: collective monograph. pp. 117 - 129.
    In markets globalization and increasing competition context, governments of the world’s leading countries are forced to use complex organizational and economic instruments to support the countries’ economy. One of such instruments is creation of Free Economic Zones (FEZ) with favorable conditions for doing business. Over the last decade activation process of Free Economic Zones mechanism disposal for the economy of a particular country development has been possible to observe. If in 1995 there were approximately 500 zones in the world, now (...)
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  6. Development of Small and Medium Enterprises: The EU and East-Partnership Countries Experience: Monograph.Igor Britchenko & Ye Polishchuk (eds.) - 2018 - Wydawnictwo Państwowej Wyższej Szkoły Zawodowej im. prof. Stanisława Tarnowskiego w Tarnobrzegu.
    The monograph reveals challenging issues of small and medium enterprises development in the European Union and East-Partnership countries. Special attention is paid to a new paradigm of financing investments and fostering innovations at all levels of legal entities including SMEs, enhancing innovative entrepreneurship in conditions of global social and technological challenges as well as determining priority sectors for small and medium enterprises as drivers of economic growth. The authors of the monograph emphasize on such European approaches to financing SMEs as (...)
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  7. Early Modern Political Philosophies and the Shaping of Political Economy.Sergio Volodia Marcello Cremaschi - 2017 - Routledge Historical Resources. History of Economic Thought.
    In the course of the eighteenth and nineteenth centuries the paradigm of a new science, political economy, was established. It was a science distinct from the Aristotelian sub-disciplines of practical philosophy named oikonomía and politiké, and emphasis on its character of science not unlike the natural sciences – still called ‘natural philosophy’ – mirrored precisely a willingness to stress its autonomy from two other sub-disciplines of practical philosophy, that is, ethics and politics. However, the new science resulted from a transformation (...)
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  8. Idealization Xiv: Models in Science.Giacomo Borbone & Krzysztof Brzechczyn (eds.) - 2016 - Brill | Rodopi.
    The book "Idealization XIV: Models in Science" offers a detailed ontological, epistemological and historical account of the role of models in scientific practice. The volume contains contributions of different international scholars who developed many aspects of the use of idealizations and models both in the natural and the social sciences. This volume is particularly relevant because it offers original contributions concerning one of the main topic in philosophy of science: the role of models in such branches of the sciences and (...)
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  9. Between Isolations and Constructions: Economic Models as Believable Worlds.Lukasz Hardt - 2016 - Poznan Studies in the Philosophy of the Sciences and the Humanities 106.
    As the title of this essay suggests, my concern is with the issue of what are economic models. However, the goal of the paper is not to offer an in-depth study on multiple approaches to modelling in economics, but rather to overcome the dichotomical divide between conceptualizing models as isolations and constructions. This is done by introducing the idea of economic models as believable worlds, precisely descriptions of mechanisms that refer to the essentials of the modelled targets. In doing so (...)
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  10. The Recent Critique of Theoretical Economics: A Methodologically Informed Investigation.Lukasz Hardt - 2016 - Journal of Economic Issues 50 (1):269-287.
    My purpose is to appraise the recent critique of theoretical economics by applying the methodological perspective. Therefore, I start by identifying the main lines of criticism raised against theoretical economics in the aftermath of the post-2008 global economic crisis: namely, the voices criticizing economics for its unrealistic models, excessive mathematization, and overconfidence in its theoretical claims. First, I show that these issues are interconnected and should be jointly analyzed. Next, I investigate these lines of critique from the perspective provided by (...)
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  11. The Malthus-Ricardo Debate.Sergio Volodia Marcello Cremaschi - 2015 - In Heinz Kurz & Neri Salavadori (eds.), The Elgar Companion to David Ricardo. Aldershot: Edward Elgar. pp. 279-283.
    A discussion of the correspondence between Malthus and Ricardo and its bearing on their published works.
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  12. Belsham, Thomas and Ricardo.Sergio Volodia Marcello Cremaschi - 2015 - In Heinz Kurz & Neri Salavadori (eds.), The Elgar Companion to David Ricardo. Aldershot: Edward Elgar. pp. 14-17.
    A discussion of the relationship between Ricardo and his Unitarian Minister Thomas Belsham, a New Testament scholar and the author of a philosophical treatise inspired by the Hartley-Priestley philosophy.
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  13. Mill James and Ricardo.Sergio Volodia Marcello Cremaschi - 2015 - In Heinz Kurz & Neri Salvadori (eds.), The Elgar Companion to David Ricardo. Aldershot: Edward Elgar. pp. 331-334.
    A discussion of Ricardo's sustained relationship with James Mill as well as of hypotheses by such commentators as Halévy and Hutchison on a decisive philosophical influenco by Mill (eithr Scottish or Benthamite) on Ricardo's eocnomic methodology.
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  14. The Evolutionary Path of the Law. [REVIEW]Enrique Guerra-Pujol - 2014 - Indonesian Journal of International and Comparative Law 1 (3):878-890.
    What lessons can legal scholars learn from the life and work of W. D. "Bill" Hamilton, a lifelong student of nature? From my small corner of the legal Academia, three aspects of Bill Hamilton’s work in evolutionary biology stand out in particular: (i) Hamilton’s simple and beautiful model of social behavior in terms of costs and benefits; (ii) his fruitful collaboration with the political theorist Robert Axelrod and their unexpected yet elegant solution of the Prisoner’s Dilemma, an important game or (...)
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  15. The World in the Model: How Economists Work and Think.Mary S. Morgan - 2012 - Cambridge University Press: Cambridge.
    During the last two centuries, the way economic science is done has changed radically: it has become a social science based on mathematical models in place of words. This book describes and analyses that change - both historically and philosophically - using a series of case studies to illuminate the nature and the implications of these changes. It is not a technical book; it is written for the intelligent person who wants to understand how economics works from the inside out. (...)
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  16. 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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  17. Reply to Steel and Pearl Hunting Causes and Using Them: Approaches in Philosophy and Economics , Nancy Cartwright. Cambridge University Press, 2008, X + 270 Pages. [REVIEW]Nancy Cartwright - 2010 - Economics and Philosophy 26 (1):87-94.
  18. The Missing Link Between the Theory and Empirics of Path Dependence: Conceptual Clarification, Testability Issue, Methodological Implications.Jean-Philippe Vergne & Rodolphe Durand - 2010 - Journal of Management Studies 47:736-759.
    Path dependence is a central construct in social sciences, used to describe a mechanism that connects the past and the future in an abstract way. However, across disciplines, it remains unclear why path dependence sometimes occurs and sometimes not, why it sometimes lead to inefficient outcomes and sometimes not, how it differs from mere increasing returns, and how scholars can empirically support their claims on path dependence. Hence, path dependence is not yet a theory since it does not causally relate (...)
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  19. The Dappled World: A Study of the Boundaries of Science, Nancy Cartwright. Cambridge University Press, 1999, IX + 240 Pages. [REVIEW]Harold Kincaid - 2003 - Economics and Philosophy 19 (1):167-170.
  20. Ecological Kinds and Ecological Laws.Gregory M. Mikkelson - 2003 - Philosophy of Science 70 (5):1390-1400.
    Ecologists typically invoke "law-like" generalizations, ranging over "structural" and/or "functional" kinds, in order to explain generalizations about "historical" kinds (such as biological taxa)rather than vice versa. This practice is justified, since structural and functional kinds tend to correlate better with important ecological phenomena than do historical kinds. I support these contentions with three recent case studies. In one sense, therefore, ecology is, and should be, more nomothetic, or law-oriented, than idiographic, or historically oriented. This conclusion challenges several recent philosophical claims (...)
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  21. The Unitarian Connection and Ricardo's Scientific Style.Sergio Volodia Marcello Cremaschi & Marcelo Dascal - 2002 - History of Political Economy 34 (2):505-508.
    We reply to Philippe Depoortère’s paper “On Ricardo’s method: The Unitarian influence examined. Some comments on Cremaschi and Dascal’s article ‘Malthus and Ricardo on Economic Methodology’”. Depoortère asks two questions: (1) was Ricardo’s ‘conversion’ to Unitarianism sincere? (2) did Ricardo follow the methodologies of Priestley and Belsham? His answers are that he was a ‘religious skeptic’ and he was not an ‘empiricist’ like Priestley and Belsham. We reply that the sincerity of Ricardo’s religious beliefs is irrelevant since we start with (...)
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  22. Ceteris Paribus Conditions: Materiality and the Application of Economic Theories.Marcel Boumans & Mary S. Morgan - 2001 - Journal of Economic Methodology 8 (1):11-26.
  23. How the Laws of Economics Lie.Ian Hunt - 2001 - Journal of Applied Philosophy 18 (2):119–133.
  24. Naturgesetze in der Ökonomik?Christoph Lütge - 2000 - Philosophia Naturalis 37 (2):385-393.
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  25. Persuasion and Argument in the Malthus-Ricardo Correspondence.Sergio Volodia Marcello Cremaschi & Marcelo Dascal - 1998 - In Warren J. Samuels & Jeff E. Biddle (eds.), Research in the History of Economic Thought and Methodology. Volume 16. Stamford, Conn, USA: pp. 1-63.
    We reconstruct the text, that is, we analyse the development of the discussion between Malthus and Ricardo both in the correspondence and in published works, paying special attention to (a) the use of methodological statements, (b) some pragmatic features of the controversy, (c) considerations pertaining to the meta-level of the controversy (assessments of the status of the controversy, of ways of solving it, etc.); then, we reconstruct the co-text, that is, unpublished papers by each opponent that were not made available (...)
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  26. Rerum Cognoscere Causas.Frank Hahn - 1996 - Economics and Philosophy 12 (2):183.
    Professor Hausman has written an interesting and instructive book. Though I am by no means favourably disposed to methodology for economists,, I found reading Hausman enjoyable and I came away having learned things worth learning. But not all is well, largely because Hausman is a philosopher first and an economist a poor second. There are also important questions where one would have expected philosophic help which are not asked at all.
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  27. La science économique à la recherche de ses fondements: La tradition épistémologique ricardienne 1826–1891, Michel Zouboulakis. Presses Universitaires de France, 1993, 227 + viii pages. [REVIEW]Omar Hamuuda - 1996 - Economics and Philosophy 12 (2):234.
  28. Towards a Methodology of Tendencies.Piet-Hein van Eeghen - 1996 - Journal of Economic Methodology 3 (2):261-284.
    The paper attempts to think through some aspects of a methodology for tendencies, taking Menger as an important source of inspiration. The contrast between laws and tendencies is emphasized, whereby laws posit necessary connections between cause and effect and refer to historically specific events and tendencies describe loose connections between cause and effect and refer to broad Hayekian patterns of events. Emphasis is placed on the importance of isolating as well as ?patterning? abstraction for the social sciences, which is traced (...)
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  29. L'illuminismo scozzese e il newtonianismo morale.Sergio Volodia Marcello Cremaschi - 1992 - In Maria Luisa Pesante & Marco Geuna (eds.), Interessi, passioni, convenzioni. Milano: Franco Angeli. pp. 41-76.
    The paper describes how a simple idea, that of a new foundation taking Galilean new natural philosophy as a model for moral philosophy, lead to unforeseen developments once the competition between a Cartesian and a Newtonian paradigm emerged. Those developments are reconstructed in Hume, Smith, Ferguson.
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  30. Nature's Capacities and Their Measurement, Nancy Cartwright. Oxford: Clarendon Press, 1989, X + 268 Pages. [REVIEW]Kevin D. Hoover - 1990 - Economics and Philosophy 6 (2):309.
  31. Review Of: Human Agency and Language by Charles Taylor.D. Wade Hands - 1987 - Economics and Philosophy 3 (1):172-175.