The Nature and Method of Economic Sciences: Evidence, Causality, and Ends (Routledge INEM Advances in Economic Methodology) 2019050360, 2019050361, 9781138320529, 9780429453236
The Nature and Method of Economic Sciences: Evidence, Causality, and Ends argues that economic phenomena can be examined
232 134 12MB
English Pages [233] Year 2020
Table of contents :
Cover
Half Title
Series Information
Title Page
Copyright Page
Table of contents
Illustrations
Foreword
Acknowledgements
Abbreviations
1 Introduction
Notes
References
2 Two notions of economy
Some unusual but interesting meanings of the economic
The economy, the economic, and the economical: customary use of the terms
The meanings of ‘the economic’
Carl Menger on the economy
A characterization of the ‘economic’
Conclusion
Notes
References
3 Economic sciences
Mill, Menger, and Neville Keynes on the nature and classification of the economic sciences
The two parts of economic theory
Economics and rationalities
On the maximizing principle
Conclusion
Notes
References
4 Empirical data, measurement, and statistics
Some philosophical definitions
On measurement5
On indexes
Theory and values in the HDI
Conclusion
Notes
References
5 Economic theory I: Some philosophical concepts
Explanation and causes
On abduction
Conclusion
Notes
References
6 Economic theory II: Positive economics
Uncovering causes
Good models: ‘models as signs’ as good economic models
The work of the economist
Conclusion
Notes
References
7 Economic theory III: Final causes
On economic preferences
Explanation and understanding
Conclusion
Notes
References
8 Ethical values and economic sciences
Values in science
Mapping key arguments
Arguments that deny the distinction between fact and value
Arguments from underdetermination
Arguments from the social processes of science
Values in the context of ‘liberal naturalism’
Coming back to economics
Conclusion
Notes
References
9 Normative economics and the common good
On the common good
The Aristotelian roots of the concept of the Common Good
The Common Good in the twentieth century
The Aristotelian conception of human nature and the consequent Theory of the Good
The Economics of Happiness and the Capability Approach in light of the classical doctrine of the Common Good
The Economics of Happiness
The Capability Approach
Libertarian paternalism
Conclusion
Notes
References
10 The art of economics
A different methodology
On economic expertise
Conclusion
Notes
References
11 Drawing conclusions
References
Index
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