Description

Book Synopsis
The methodology of economics has long been dominated by the writings of Karl Popper and Imre Lakatos, two outstanding philosophers of science in the post-war period. This major new book focuses on the application of Lakatosian principles of appraisal to modern economics. An international group of distinguished economists have applied Lakatos's methodology of scientific research programs to a variety of economic theories, such as game theory, demand theory, consumption analysis, job search theory, equilibrium unemployment theory, the new classical macroeconomics, experimental economics, Austrian economics, Walrasian stability analysis and Sraffian economics. The introduction and afterword by the editors place the papers in the context of the recent rapidly evolving methodological controversy in economics. Taken as a whole, the book makes a powerful statement of the case for assessing rival economic theories with the aid of an explicit philosophy of science.

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'. . . everyone with a serious interest in economic methodology will want to read the many fine papers it contains.'

APPRAISING ECONOMIC THEORIES: Studies in the

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    A Hardback by Neil de Marchi, Mark Blaug

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      View other formats and editions of APPRAISING ECONOMIC THEORIES: Studies in the by Neil de Marchi

      Publisher: Edward Elgar Publishing Ltd
      Publication Date: 01/01/1991
      ISBN13: 9781852785154, 978-1852785154
      ISBN10: 1852785152
      Also in:
      Economic theory and philosophy

      Description

      Book Synopsis
      The methodology of economics has long been dominated by the writings of Karl Popper and Imre Lakatos, two outstanding philosophers of science in the post-war period. This major new book focuses on the application of Lakatosian principles of appraisal to modern economics. An international group of distinguished economists have applied Lakatos's methodology of scientific research programs to a variety of economic theories, such as game theory, demand theory, consumption analysis, job search theory, equilibrium unemployment theory, the new classical macroeconomics, experimental economics, Austrian economics, Walrasian stability analysis and Sraffian economics. The introduction and afterword by the editors place the papers in the context of the recent rapidly evolving methodological controversy in economics. Taken as a whole, the book makes a powerful statement of the case for assessing rival economic theories with the aid of an explicit philosophy of science.

      Trade Review
      '. . . everyone with a serious interest in economic methodology will want to read the many fine papers it contains.'

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