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  1. Revisiting Friedman’s 'On the methodology of positive economics' ('F53').Paul Hoyningen-Huene - 2021 - Methodus 10 (2):146-182.
    In this paper, I shall defend two main claims. First, Friedman’s famous paper “On the methodology of positive economics” (“F53”) cannot be properly understood without taking into account the influence of three authors who are neither cited nor mentioned in the paper: Max Weber, Frank Knight, and Karl Popper. I shall trace both their substantive influence on F53 and the historical route by which this influence took place. Once one has understood these ingredients, especially Weber’s ideal types, many of F53’s (...)
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  • Realism from the 'lands of Kaleva': an interview with Uskali Mäki.Uskali Mäki - 2008 - Erasmus Journal for Philosophy and Economics 1 (1):124.
    USKALI MÄKI (Helsinki, 1951) is a philosopher of science and a social scientist, and one of the forerunners of the strong wave of research on the philosophy and methodology of economics that has been expanding during the last three decades. His research interests and academic contributions cover many topics in the philosophy of economics, such as realism and realisticness, idealisation, scientific modelling, causation, explanation, rhetoric, the sociology and economics of economics, and the foundations of new institutional and Austrian economics. He (...)
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  • Menger’s Anti-Historical Method Versus the Neoclassical Anti-Historical Method.Mateusz Machaj - 2019 - Studies in Logic, Grammar and Rhetoric 57 (1):65-74.
    Due to the famous methodenstreit it is often well argued that Menger’s approach to social sciences can be seen as anti-historical, as according to him pure empirical studies are insufficient to establish a firm economic theory. By suggesting that some theorems have to precede historical studies, Menger may be seen as a representative of the a priori tradition in scientific method. The modern method in the mainstream of economic thinking is also to a large extent anti-historical and a priori, but (...)
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  • A plea for realistic assumptions in economic modelling.Leonardo Ivarola - 2018 - Theoria: Revista de Teoría, Historia y Fundamentos de la Ciencia 33 (3):417-433.
    The use of unrealistic assumptions in Economics is usually defended not only for pragmatic reasons, but also because of the intrinsic difficulties in determining the degree of realism of assumptions. Additionally, the criterion used for evaluating economic models is associated with their ability to provide accurate predictions. This mode of thought involves –at least implicitly– a commitment to the existence of unvarying invariant factors or regularities. Contrary to this, the present paper presents a critique to the use of invariant knowledge (...)
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  • Prediction in economics: Wenceslao J. Gonzales: Philosophico-methodological analysis of prediction and its role in economics. Springer, 2015, 366pp, 129.99 € HB.Marek Hudik - 2017 - Metascience 26 (1):71-74.
  • CSR - the Cuckoo’s Egg in the Business Ethics Nest.Matthias P. Hühn - 2018 - Humanistic Management Journal 3 (2):279-298.
    Corporate/collective moral responsibility is a thorny topic in business ethics and this paper argues that this is due a number of unacknowledged and connected epistemic issues. Firstly, CSR, Corporate Citizenship and many other research streams that are based on the assumption of collective and/or corporate moral responsibility are not compatible with Kantian ethics, consequentialism, or virtue ethics because corporate/collective responsibility violates the axioms and central hypotheses of these research programmes. Secondly, in the absence of a sound theoretical moral philosophical foundation, (...)
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  • Foundations of Contemporary Revealed Preference Theory.D. Wade Hands - 2013 - Erkenntnis 78 (5):1081-1108.
    This paper examines methodological issues raised by revealed preference theory in economics: particularly contemporary revealed preference theory. The paper has three goals. First, to make the case that revealed preference theory is a broad research program in choice theory—not a single theory—and understanding this diversity is essential to any methodological analysis of the program. Second, to explore some of the existing criticisms of revealed preference theory in a way that emphasizes how the effectiveness of the critique depends on the particular (...)
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  • Reviews: Milton’s Positivism Found Wanting. [REVIEW]David 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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  • The usefulness of truth: an enquiry concerning economic modelling.Simon Deichsel - 2010 - Erasmus Journal for Philosophy and Economics 3 (1):119.
    This thesis attempts to justify a normative role for methodology by sketching a pragmatic way out of the dichotomy between two major strands in economic methodology: empiricism and postmodernism. I discuss several methodological approaches and assess their aptness for theory appraisal in economics. I begin with the most common views on methodology and argue why they are each ill-suited for giving methodological prescriptions to economics. Then, I consider positions that avoid the errors of empiricism and postmodernism. I specifically examine why (...)
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  • Philosophy of economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
    This is a comprehensive anthology of works concerning the nature of economics as a science, including classic texts and essays exploring specific branches and schools of economics. Apart from the classics, most of the selections in the third edition are new, as are the introduction and bibliography. No other anthology spans the whole field and offers a comprehensive introduction to questions about economic methodology.
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  • Continental Philosophies of the social sciences.David Teira - 2011 - In Ian Jarvie Jesus Zamora Bonilla (ed.), The Sage Handbook of the Philosophy of Social Sciences. Routledge. pp. 81-102.
  • No Ethical Issues in Economics?Stuart Birks - 2013 - Economic Thought 2 (1).
    For much economics research, ethics committee approval is not required. This is seen by some as indicating that there are no ethical issues in economics research. However, ethical research requires more than simply meeting regulatory requirements. If economics research has an impact on perceptions and resulting decisions, then there may be concerns about the nature of the research and its impact. There are a number of arguments that could be raised as to why economics does not describe the real world. (...)
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  • The epistemological value of the consumption based capital asset pricing model.Jacob Bjorheim - unknown
    The thesis is a philosophical analysis of the consumption based capital asset pricing model, investigating in particular its epistemological and methodological foundations. Financial markets are integral parts of advanced and developing economies. They matter because they channel unspent household income into banks’ savings accounts and assets such as bonds and stocks. Financial economists have traditionally taken interest in the pricing mechanism that underlies this capital allocation. The consumption based capital asset pricing model is a prominent effort to describe, explain and (...)
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