It is claimed in the structural realism in philosophy of science that scientists aim to preserve the true structure, represented by the equations in their models. We reinterpret structural realism as a doctrine involving representation. Proving the existence of a representation theorem secures...

The purpose of this paper is to investigate the evolution of MiltonFriedman's permanent income hypothesis from the 1940s to 1960s, andhow it became the paradigm of modern consumption theory. Modellingunobservables, such as permanent income and permanent consumption, isa long-standing issue in...

Davis argues that Suppe's semantic conception provides a better understanding of the problem of theory-data confrontations. Applying his semantic methodology to the LSE (London School of Economics) approach of econometrics, he concludes that the LSE approach fails to address the issue of...

The purpose of this paper is to investigate the evolution of Milton Friedman's permanent income hypothesis from the 1940s to 1960s, and how it became the paradigm of modern consumption theory. Modelling unobservables, such as permanent income and permanent consumption, is a long-standing issue...

This essay studies the contribution of Ta-Chung Liu to econometrics by focusing on the models and methods of Liu's econometric practices from the 1950s to the 1970s. We document his development of an exploratory econometric approach, a development he effected by experimenting with tools and...

This collection of eminent contributions discusses the ideas and works of Mark Blaug, who has made important and often pioneering contributions to economic history, economic methodology, the economics of education, development economics, cultural economics, economic theory and the history of...

In this paper the rift between Jevons and Mill over the method of political economy serves as a prehistory to recent attempts of behavioural economists to once again explain economic behaviour by taking recourse to mankind's physiology. While Mill relied on the association psychology and its...