Understanding the history of econometrics as a modern science also asks for understanding of the development of the image of science, which includes the history of philosophy of science and the history of economic methodology. Beside that philosophers of science need to be historically informed,...

For the purposes of calculation, context is irrelevant: one is expected to strip away the “contingent” details, slot bare numbers into the equations, and perform the relevant maths. Medical doctors must know this. So why, asked just such a question about the likelihood of a diagnostic test...

The Representational Theory of Measurement conceives measurement as establishing homomorphisms from empirical relational structures into numerical relation structures, called models. There are two different approaches to deal with the justification of a model: an axiomatic and an empirical...

This paper is an introduction to a volume commemorating the life and work of Mark Blaug, a famous historian of economics.

Christopher Sims is one of the leaders in time-series econometrics and empirical macroeconomics and is well known for introducing the VAR approach to econometrics and macroeconomic modelling. Sims' main contribution to empirical macroeconomics was to show how macro-econometric modeling should be...