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The Philosophy of Economics: An Anthology / Edition 2

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Overview

Expanded and updated coverage of such key areas as positivism and economic methodology as well as special methodological problems and perspectives enhances this new edition of twenty-two classic and more recent pivotal investigations into the philosophy of economics.
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Product Details

  • ISBN-13: 9780521459297
  • Publisher: Cambridge University Press
  • Publication date: 3/28/2002
  • Edition description: Older Edition
  • Edition number: 2
  • Pages: 469
  • Product dimensions: 5.98 (w) x 8.98 (h) x 1.02 (d)

Meet the Author

Daniel M. Hausman is Herbert A. Simon Professor in the Department of Philosophy at the University of Wisconsin, Madison. He previously taught at the University of Maryland at College Park and Carnegie Mellon University. Most of his research has focused on methodological, metaphysical, and ethical issues at the boundaries between economics and philosophy, and in collaboration with Michael McPherson, he founded the Cambridge University Press journal Economics and Philosophy and edited it for its first ten years. His most important books include The Inexact and Separate Science of Economics (1992), Economic Analysis and Moral Philosophy (co-authored with Michael McPherson, 1996), Causal Asymmetries (1998) and Economic Analysis, Moral Philosophy, and Public Policy (an enlarged second edition of the 1996 book co-authored with Michael McPherson, 2006).

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Table of Contents

Preface to the second edition
Introduction 1
1 On the definition and method of political economy 52
2 Objectivity and understanding in economics 69
3 The nature and significance of economic science 83
4 Economics and human action 111
5 Ideology and method in political economy 119
6 The limitations of marginal utility 143
7 On verification in economics 158
8 On indirect verification 168
9 The methodology of positive economics 180
10 Testability and approximation 214
11 Why look under the hood? 217
12 Science and ideology 224
13 Science and ideology in economics 239
14 Economics, rationality, and ethics 252
15 On econometric tools 280
16 Economic model construction and econometrics 286
17 The corporation and the economist 289
18 The market as a creative process 315
19 Methodological differences between institutional and neoclassical economics 336
20 Paradigms versus research programmes in the history of economics 348
21 If economics isn't science, what is it? 376
22 The rhetoric of economics 395
Selected bibliography of works on economic methodology 447
Index 463
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