Authors
Uskali Mäki
University of Helsinki
Abstract
It is argued that rather than a well defined F-Twist, Milton Friedman’s “Methodology of positive economics” offers an F-Mix: a pool of ambiguous and inconsistent ingredients that can be used for putting together a number of different methodological positions. This concerns issues such as the very concept of being unrealistic, the goal of predictive tests, the as-if formulation of theories, explanatory unification, social construction, and more. Both friends and foes of Friedman’s essay have ignored its open-ended unclarities. Their removal may help create new common ground for more focused debate in economics. Here I show how F53 can be reread/rewritten as a socially constructivist fallibilist, and realist statement – in contrast to the received instrumentalist interpretation.
Keywords Unrealistic assumptions  Realism in Economics  F53
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References found in this work BETA

The Structure of Scientific Revolutions.Thomas S. Kuhn - 1962 - University of Chicago Press.
The Structure of Scientific Revolutions.Thomas S. Kuhn - 1962 - University of Chicago Press.
The Structure of Scientific Revolutions.David Bohm - 1964 - Philosophical Quarterly 14 (57):377-379.
Explanatory Unification.Philip Kitcher - 1981 - Philosophy of Science 48 (4):507-531.
Explanation and Scientific Understanding.Michael Friedman - 1974 - Journal of Philosophy 71 (1):5-19.

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Citations of this work BETA

Modeling Without Representation.Alistair M. C. Isaac - 2013 - Synthese 190 (16):3611-3623.
Against the Pragmatic Justification for Realism in Economic Methodology.Simon Deichsel - 2011 - Erasmus Journal for Philosophy and Economics 4 (1):23-41.
Competition as an Evolutionary Process: Mark Blaug and Evolutionary Economics.Jack J. Vromen - 2013 - Erasmus Journal for Philosophy and Economics 6 (3):104.

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