Journal of Economic Methodology 19 (4):375-390 (2012)
Authors | |
Abstract |
In a series of articles later collected in his book The Lost Art of Economics, David Colander argues that the dichotomous distinction of positive and normative economics has misled economists into treating applied policy economics as part of positive economics and hence adopting the methodology of positive economics for applied policy analysis. Colander therefore urges a reintroduction of the art of economics and calls for a serious discussion on the appropriate methodology for applied policy work. This paper first explores some points not thoroughly examined by Colander in his arguments regarding the art of economics, in particular on its scope and the nature of judgements in the art of economics. It then examines the potential challenges to the tripartite division of economics, the presupposition of Colander's arguments for the art of economics, by examining, respectively, Tony Lawson's and Daniel Hausman's discussion on positive economics as a separate body of knowledge
|
Keywords | No keywords specified (fix it) |
Categories | (categorize this paper) |
DOI | 10.1080/1350178X.2012.741690 |
Options |
![]() ![]() ![]() ![]() |
Download options
References found in this work BETA
[Book Review] Economic Analysis and Moral Philosophy. [REVIEW]Daniel M. Hausman & Michael S. McPherson - 1998 - Ethics 109 (1):198-200.
What Do Economists Analyze and Why: Values or Facts?Partha Dasgupta - 2005 - Economics and Philosophy 21 (2):221-278.
The Economics Profession, the Financial Crisis, and Method.David Colander - 2010 - Journal of Economic Methodology 17 (4):419-427.
View all 9 references / Add more references
Citations of this work BETA
The Normative Decision Theory in Economics: A Philosophy of Science Perspective. The Case of the Expected Utility Theory.Magdalena Małecka - 2019 - Journal of Economic Methodology 27 (1):36-50.
Making Sense of Economists' Positive-Normative Distinction.David Colander & Huei-Chun Su - 2015 - Journal of Economic Methodology 22 (2):157-170.
A Failure to Communicate: The Fact-Value Divide and the Putnam-Dasgupta Debate.Huei-Chun Su & David Colander - 2013 - Erasmus Journal for Philosophy and Economics 6 (2):1.
Beyond Welfare Economics: Some Methodological Issues.Giuseppe Munda - 2016 - Journal of Economic Methodology 23 (2):185-202.
Normative and Positive Theories of Public Finance: Contrasting Musgrave and Buchanan.Maxime Desmarais-Tremblay - 2014 - Journal of Economic Methodology 21 (3):273-289.
View all 6 citations / Add more citations
Similar books and articles
Is Milton Friedman an Artist or a Scientist?David Colander - 1995 - Journal of Economic Methodology 2 (1):105-122.
Value Judgements and Value Neutrality in Economics.Philippe Mongin - 2006 - Economica 73 (290):257-286.
Pluralism, Formalism and American Economics.David Colander & Harry Landreth - 2008 - In Edward Fullbrook (ed.), Pluralist Economics. Distributed in the Usa Exclusively by Palgrave Macmillan.
Live and Dead Issues in the Methodology of Economics.Richard P. F. Holt & J. Barkley Rosser - unknown
'The Methodology of Positive Economics' (1953) Does Not Give Usthemethodology of Positive Economics.Uskali Mäki - 2003 - Journal of Economic Methodology 10 (4):495-505.
The Economics Profession, the Financial Crisis, and Method.David Colander - 2010 - Journal of Economic Methodology 17 (4):419-427.
Economics for Real: Uskali Mäki and the Place of Truth in Economics.Aki Lehtinen, Jaakko Kuorikoski & Petri Ylikoski (eds.) - 2011 - Routledge.
Analytics
Added to PP index
2012-12-01
Total views
56 ( #204,713 of 2,518,488 )
Recent downloads (6 months)
2 ( #271,901 of 2,518,488 )
2012-12-01
Total views
56 ( #204,713 of 2,518,488 )
Recent downloads (6 months)
2 ( #271,901 of 2,518,488 )
How can I increase my downloads?
Downloads