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Synopsis
Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. Since its appearance, the essay has shaped the image of economics as a scientific discipline, both within and outside of the academy. At the same time, there has been an ongoing controversy over the proper interpretation and normative evaluation of the essay. Perceptions have been sharply divided, with some viewing economics as a scientific success thanks to its adherence to Friedman's principles, others taking it as a failure for the same reason. In this book, a team of world-renowned experts in the methodology of economics cast new light on Friedman's methodological arguments and practices from a variety of perspectives. It provides the 21st century reader with an invaluable assessment of the impact and contemporary significance of Friedman's seminal work.
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Book Description
Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. In this book, a team of world-renowned experts in the methodology of economics assess the impact and significance of Friedman's seminal work.
About the Author
Uskali Mäki is Academy Professor at the Academy of Finland. He has written extensively on the philosophy and methodology of economics and is editor of a number of books, including The Economic World View (Cambridge University Press, 2001), Fact and Fiction in Economics (Cambridge University Press, 2002), and Handbook of the Philosophy of Economics (2008).
"About this title" may belong to another edition of this title.
- PublisherCambridge University Press
- Publication date2009
- ISBN 10 0521867010
- ISBN 13 9780521867016
- BindingHardcover
- LanguageEnglish
- Edition number1
- Number of pages382
- EditorMäki Uskali
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The Methodology of Positive Economics: Reflections on the Milton Friedman Legacy
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Hardcover. Condition: new. Hardcover. Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. Since its appearance, the essay has shaped the image of economics as a scientific discipline, both within and outside of the academy. At the same time, there has been an ongoing controversy over the proper interpretation and normative evaluation of the essay. Perceptions have been sharply divided, with some viewing economics as a scientific success thanks to its adherence to Friedman's principles, others taking it as a failure for the same reason. In this book, a team of world-renowned experts in the methodology of economics cast new light on Friedman's methodological arguments and practices from a variety of perspectives. It provides the 21st century reader with an invaluable assessment of the impact and contemporary significance of Friedman's seminal work. Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. In this book, a team of world-renowned experts in the methodology of economics assess the impact and significance of Friedman's seminal work. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780521867016
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