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Economics/Finances William H. Greene "Econometric Analysis" Solutions Manual (repost)
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Economics/Finances The Foundations of Economic Method
Posted on 2010-03-16
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More The Foundations of Economic Method Preface Given that most textbooks on neoclassical economic theory begin with a chapter about methodology, one might easily conclude that most economists think that the methodology of economics is absolutely fundamental. This is an illusion. The view that the appropriate methodology must be in hand before we begin our analysis of the facts is an artifact of an old-fashioned philosophy of science (viz., Inductivism) that was long ago discarded. According to the currently accepted philosophy of science (viz., Conventionalism), the nature of neoclassical theory is supposed to be quite independent of any individual economist’s opinion of the appropriate methodology of economics. Today, we are supposed to believe that there is no need to discuss methodology simply because it does not matter. I shall endeavor to show that it does matter – and that, furthermore, methodology cannot be easily detached so as to be simply dispatched in an introductory chapter. The pressing theoretical problems that continue to challenge neoclassical theorists today are direct consequences of implicitly accepted views of the appropriate methodology for neoclassical economics. My Links To thank me use my links, please! Download many interesting free eBooks HERE
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