The Philosophy of Economics: An AnthologyDaniel M. Hausman The second edition of this anthology contains twenty-two classic and more recent pivotal investigations in the philosophy of economics. Recommended readings now follow the selections. Daniel M. Hausman has expanded and updated coverage of such key areas as positivism and economic methodology, and special methodological problems and perspectives. His revised introduction and section introductions not only situate each contribution in its historical and analytical context but also explore current directions in the definition and refinement of economic methodology. The collection will demonstrate to students and professionals in the discipline and other social sciences and the humanities, as well as to a more general audience, what kind of science economics is. |
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Contents
Classic discussions | 51 |
Objectivity and understanding in economics | 69 |
The nature and significance of economic science | 83 |
Economics and human action | 111 |
Ideology and method in political economy | 119 |
The limitations of marginal utility | 143 |
Positivism and economic methodology | 157 |
On indirect verification | 168 |
Economics rationality and ethics | 252 |
Special methodological problems | 279 |
Economic model construction and econometrics | 286 |
The market as a creative process | 315 |
Methodological differences between institutional | 336 |
New philosophical directions and questions | 347 |
If economics isnt science what is it? | 376 |
The rhetoric of economics | 395 |
The methodology of positive economics | 180 |
Testability and approximation | 214 |
Science and ideology | 224 |
Science and ideology in economics | 239 |
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abstract analysis applied argue argument assumptions behavior believe causal choice claims competition conception concerning conclusions consumption cultural deduced discussion distribution econometrics economic methodology economic theory economists empirical equilibrium essay ethical Euclidean geometry evidence example experience explain fact firm Friedman Fritz Machlup fundamental human Hutchison hypothesis ideology implications important individual institutional interest Journal Keynes Keynesian knowledge Kuhn labour Lakatos laws logical logical positivism logical positivists mathematics maximize means ment metaphor method microeconomics Milton Friedman modern modernist moral nature neoclassical neoclassical economics nomic normative normative economics objective observation particular perfect competition phenomena philosophy of science Political Economy Popper positive positivists postulates predictions preferences principle problem production Professor Machlup propositions purchasing power parity question rational reason relation relevant rhetoric scientific scientists sense significance social sciences society theoretical things tion University Press utility welfare economics