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This paper conjectures that economics has changed profoundly since the 1970s and that these changes involve a new … understanding of the nature of applied work and hence of economics itself. …
Persistent link: https://www.econbiz.de/10011617408
economic literature and scholars is a relevant proxy to understand the transformation of economics science throughout the 20th … discussions. As the subject matters, methods and definition of economics rapidly evolved after the war, methodological debates … structure of economics …
Persistent link: https://www.econbiz.de/10012972388
Is economics a science? Answering this question is not only necessary for philosophical clarity, but also crucial for … light of solid philosophical ground, I then discuss the practice and methodology of modern economics. The answer to the …
Persistent link: https://www.econbiz.de/10012932840
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10012949113
In 1987, Greenwald and Stiglitz accused Keynes's summary of the "General Theory" in chapter 18 of relying upon “neoclassical and Marshallian tools.” A number of contributions have on the contrary emphasized the methodological importance of this chapter, which this paper revisits in the light...
Persistent link: https://www.econbiz.de/10013127664
The role of first principles in economics is examined through the lens of dominant methodological approaches of the … first principles as the basis for deductivist approaches to economics and the widespread belief that economics is an … attempts to define economics and its method from John Stuart Mill's economics as the science of wealth through Lionel Robbins …
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