Neoclassical Theory Structure and Theory Development: An Empiricalphilosophical Case Study Concerning the Theory of International Trade (Studies in Contemporary Economics)

B. Hamminga

ISBN 10: 3540128166 / ISBN 13: 9783540128168

Published by Springer Berlin Heidelberg, 1983

About this Item

188 pages. 9.61x6.69x0.43 inches. In Stock.

Seller Inventory # x-3540128166

Bibliographic Details

• Title: Neoclassical Theory Structure and Theory Development: An Empiricalphilosophical Case Study Concerning the Theory of International Trade (Studies in Contemporary Economics)
• Publisher: Springer Berlin Heidelberg
• Publication Date: 1983
• Language: English
• ISBN 10: 3540128166
• ISBN 13: 9783540128168
• Binding: Paperback
• Condition: Brand New
• Weight: 0.34 kilograms

About this title

Synopsis

There are quite a lot of recent books on the methodology of economics, but all proceed from one or more of the following three fundamental assumptions: 1) Meta-apriorism: it is a priori believed that the results of the philosophy of science of the past decades, associated with the names of Popper, Kuhn and Lakatos, yield conceptual frameworks that can be used to describe the product of the economist's endeavours. 2) Synchronism: it is believed that the inspection of a "theory" of economics, the presentation of some economic belief at a point in time, reveals its logical structure and ipso facto the "method" by which the "theory" is constructed. 3) CreduZity: it is believed that what economists themselves say on their own methods is true, or at least of primary relevance. In this book, I endeavour to show that these assumptions are false. First, the philosophies of science by Popper, Kuhn and Lakatos did not succeed in constructing a conceptual framework capable of describing theory development in economics. Secondly, this can only be seen as soon as not Zogic but history is taken to be the referee judging the adequacy of metatheories (diachronism). Thirdly the results of metaempiricaZ (not-meta-aprioristic), diachronic (not-synchronic) research reveals that even economists themselves turn out frequently to have inadequate metatheories upon which it is dangerous to rely (suspicion instead of credulity) .