The Methodology of Mainstream Economics and its Implications for China's Economic Research

Dissertation, Washington University (1995)

This study provides a detailed survey and critical analysis of the methodology of mainstream economics. From this investigation some radical implications are drawn for current Chinese economic research. The purpose of this study, from epistemological and methodological perspectives, is to explain why economics is so advanced in the Western countries and why economics is so backward in the former socialist countries. It is shown that mainstream Western economics is epistemologically and methodologically founded on modern logical empiricism. With the detailed analysis of the historical texts, I have carefully identified where and how each of the leading economic methodologists has been dynamically influenced by the logical positivist philosophy. I also use three-case studies to demonstrate that the development of modern economic science has been generally in keeping with the positivists' methodological prescriptions in both formal and empirical aspects. It is argued that positive economics cannot be separated from positivist philosophy and empiricist methodology. The important implication for Chinese economic research is that economics as a science in China cannot be developed and cultivated in the soil of metaphysical Marxism
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 58,744
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

Add more references

Citations of this work BETA

Add more citations

Similar books and articles

Rationalism and Mainstream Economics.Alex Viskovatoff - 2003 - Journal of Economic Methodology 10 (3):397-415.
Metaphors as Research Tools in Economics.Lukasz Hardt - 2014 - On the Horizon 22 (4):256-264.
Structure and Change: Douglass North's Economics.Graham A. Brownlow - 2010 - Journal of Economic Methodology 17 (3):301-316.
The Unbearable Lightness of the Economics-Made-Fun Genre.Peter Spiegler - 2012 - Journal of Economic Methodology 19 (3):283-301.
Postmodern Economics: An Emerging Paradigm.James W. Lacey - 1996 - Dissertation, The Union Institute
The Role of Experts in the Methodology of Economics.Carlo Martini - 2014 - Journal of Economic Methodology 21 (1):77-91.


Added to PP index

Total views

Recent downloads (6 months)

How can I increase my downloads?


Sorry, there are not enough data points to plot this chart.

My notes