Format:
1 Online-Ressource (xviii, 363 pages)
,
digital, PDF file(s)
ISBN:
9780511581427
Content:
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
Note:
Title from publisher's bibliographic system (viewed on 05 Oct 2015)
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The methodology of positive economics (1953)
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Reading the methodological essay in twentieth-century economics: map of multiple perspectives
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Early drafts of Friedman's methodology essay
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Unrealistic assumptions and unnecessary confusions: rereading and rewriting F53 as a realist statement
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The influence of Friedman's methodological essay
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Did Milton Friedman's positive methodology license the formalist revolution?
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Appraisal of evidence in economic methodology
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The politics of positivism: disinterested predictions from interested agents
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Friedman's 1953 essay and the marginalist controversy
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Friedman (1953) and the theory of the firm
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Friedman's selection argument revisited
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Expected utility and Friedman's risky methodology
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Milton Friedman's stance: the methodology of causal realism
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On the right side for the wrong reason: Friedman on the Marshall-Walras divide
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The debate over F53 after fifty years
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Final word
Additional Edition:
ISBN 9780521867016
Additional Edition:
ISBN 9780521686860
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780521867016
Language:
English
Subjects:
Economics
DOI:
10.1017/CBO9780511581427
URL:
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