The Methodology of Economics: Or, How Economists Explain / Edition 2

The Methodology of Economics: Or, How Economists Explain / Edition 2

by Mark Blaug
     
 

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ISBN-10: 0521436788

ISBN-13: 9780521436786

Pub. Date: 07/28/1992

Publisher: Cambridge University Press

This book examines the nature of economic explanation. The author introduces current thinking in the philosophy of science and reviews the literature on methodology. He looks at the status of welfare economics, and also provides a series of case studies of leading economic controversies, showing how they may be illuminated by paying attention to questions of

Overview

This book examines the nature of economic explanation. The author introduces current thinking in the philosophy of science and reviews the literature on methodology. He looks at the status of welfare economics, and also provides a series of case studies of leading economic controversies, showing how they may be illuminated by paying attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics.

Product Details

ISBN-13:
9780521436786
Publisher:
Cambridge University Press
Publication date:
07/28/1992
Series:
Cambridge Surveys of Economic Literature Series
Edition description:
Revised
Pages:
316
Product dimensions:
5.98(w) x 8.98(h) x 0.71(d)

Table of Contents

Preface; Part I. What You Always Wanted to Know about the Philosophy of Science but Were Afraid to Ask: 1. From the received view to the views of Popper; 2. From Popper to the new heterodoxy; Part II. The History of Economic Methodology: 3. The verifications, a largely nineteenth-century story; 4. The falsifications, a wholly twentieth-century story; 5. The distinction between positive and normative economics; Part III. A Methodological Appraisal of the Neoclassical Research Program: 6. The theory of consumer behaviour; 7. The theory of fun; 8. General equilibrium theory; 9. Marginal productive theory; 10. Switching, reswitching, and all that; 11. The Heckscher-Ohlin theory of international trade; 12. Keynesians versus monetarists; 13. Human capital theory; 14. The new economics of the family; 15. The rationality postulate; Part IV. What Have We Now Learned about Economics?: 16. Conclusions; Glossary; Suggestions for further reading; Bibliography; Name index; Subject index.

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