Karl Popper and economic methodology: a new look

Economics and Philosophy 1 (1):83- (1985)
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Abstract

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 look a dismal affair through falsificationist spectacles.”

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D. Hands
University of Puget Sound

Citations of this work

Philosophy of economics: past and future.Daniel M. Hausman - 2021 - Journal of Economic Methodology 28 (1):14-22.
Philosophy of economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
Philosophy of Economics: A Retrospective Reflection.Daniel M. Hausman - 2018 - Revue de Philosophie Économique 2:185-202.
Confuting Popper on the rationality principle.Robert Nadeau - 1993 - Philosophy of the Social Sciences 23 (4):446-467.

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References found in this work

The Logic of Scientific Discovery.Karl Raimund Popper - 1934 - London, England: Routledge.
Criticism and the Growth of Knowledge.Imre Lakatos & Alan Musgrave (eds.) - 1970 - Cambridge University Press.
Against Method.Paul Feyerabend - 1975 - London: New Left Books.
Objective Knowledge: An Evolutionary Approach.Karl Raimund Popper - 1972 - Oxford, England: Oxford, Clarendon Press.
The Open Society and Its Enemies.Karl Raimund Popper - 2003 - Princeton: Psychology Press.

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