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On the Reliability of Economic Models

Essays in the Philosophy of Economics

This volume represents a contribution to the philosophy of economics with a distinctive point of view -- the contributors have selected particular areas of economics and have probed these areas for the philosophical and methodological issues that they raise. The primary essays are written by philosophers concentrating on philosophical issues that arise at the level of the everyday theoretical practice of working economists. Commentary essays are provided by working economists responding to the philosophical arguments from the standpoint of their own disciplines. The volume thus represents something of an `experiment' in the philosophy of science, striving as it does to explore methodological issues across two research communities. The purpose of the volume is very specific: to stimulate a discussion of the epistemology and methodology of economics that works at the level of detail of existing `best practice' in economics today. The contributors have designed their contributions to stimulate productive conversation between philosophers and economists on topics in the methodology of economics.

This volume represents a contribution to the philosophy of economics with a distinctive point of view -- the contributors have selected particular areas of economics and have probed these areas for the philosophical and methodological ...

On the Reliability of Economic Models

Essays in the Philosophy of Economics

This volume represents a contribution to the philosophy of economics with a distinctive point of view -- the contributors have selected particular areas of economics and have probed these areas for the philosophical and methodological issues that they raise. The primary essays are written by philosophers concentrating on philosophical issues that arise at the level of the everyday theoretical practice of working economists. Commentary essays are provided by working economists responding to the philosophical arguments from the standpoint of their own disciplines. The volume thus represents something of an `experiment' in the philosophy of science, striving as it does to explore methodological issues across two research communities. The purpose of the volume is very specific: to stimulate a discussion of the epistemology and methodology of economics that works at the level of detail of existing `best practice' in economics today. The contributors have designed their contributions to stimulate productive conversation between philosophers and economists on topics in the methodology of economics.

This volume represents a contribution to the philosophy of economics with a distinctive point of view -- the contributors have selected particular areas of economics and have probed these areas for the philosophical and methodological ...

The Philosophy of Science and Economics

The philosophy of science proposes criteria to delineate true science and a theory to explain its progress. As a graduate student under the supervision of Lionel Robbins and Karl Popper, Solo first challenged the viability of those criteria and that theory in relation to economics and the social sciences. Here he explains how the foundations of that philosophy have been eroded through the advent of quantum mechanics and through Kuhn's "Structures of Scientific Revolution", and demonstrates its irrelevance to a social science that would comprehend social reality and contribute to the formation of social policy. He proposes a different mode of perception, and different rules for determining the acceptability of statement, a different language of discourse, and a different structure of organization than presently prevails.

As a graduate student under the supervision of Lionel Robbins and Karl Popper, Solo first challenged the viability of those criteria and that theory in relation to economics and the social sciences.

Liberalism and the Philosophy of Economics

Drawing on recent work in the contemporary philosophy of economics, this book presents new ideas on liberalism, including the concept of ‘growth-oriented liberalism’. Since the end of the Cold War, questions and definitions of liberalism have moved from the sphere of political systems (the socialism versus liberalism debates) to the sphere of ethics (what it means to live in a liberal society). The chapters in this work trace the trajectory of the concept of liberalism in the philosophy of economics by exploring the ideological implications of the methodological debate between socialism and liberalism, the idea of liberty as real freedom, the ethical implications of Max Weber’s methodology on autonomy and liberty, and new typological theories of ideologies in the context of contemporary economic ethics. This book marks a significant contribution to the literature on liberalism in the philosophy of economics and economic methodology, and is highly recommended for readers who seek updated ideas on liberal society in its ethical and philosophical contexts.

This book marks a significant contribution to the literature on liberalism in the philosophy of economics and economic methodology, and is highly recommended for readers who seek updated ideas on liberal society in its ethical and ...

Economics Made Fun

Philosophy of the pop-economics

Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public. In the face of this crisis, many people, including well-known economists such as Paul Krugman, have started to express their doubts about whether economics is a success as a science. As well as academic papers, newspaper columns with a large audience have discussed the failure of economic to predict and explain ongoing trends. The emerging picture is somewhat confusing: economics-made-fun books present economics as a method of thinking that can successfully explain everyday and "freaky" phenomena. On the other hand, however, economics seems to fail in addressing and explaining the most pressing matters related to the field of economics itself. This book explores the confusion created by this contradictory picture of economics. Could a science that cannot answer its own core questions really be used to explain the logic of everyday life? This book was originally published as a special issue of the Journal of Economic Methodology.

Could a science that cannot answer its own core questions really be used to explain the logic of everyday life? This book was originally published as a special issue of the Journal of Economic Methodology.

Human Conduct

A Textbook in General Philosophy and Applied Psychology for Students in High Schools, Academies, Junior Colleges, and for the General Reader

Between Yafeth and Shem

On the Relationship Between Jewish and General Philosophy

The book elucidates the complex relationship between Jewish philosophy and general philosophy. At the same time it examines Jewish philosophy as an independent discipline of thought. The issue of particular and characteristic problems of Jewish thought is taken up in the third part of the book. Other philosophical topics - from the general as well as the Jewish angle - are the quiddity of philosophy, its aims and tasks, its value and purpose, and the relations between philosophy, religion and theology, as reflected in general and Jewish thought. The concluding sections of the book highlight several basic problems of Jewish philosophy: its sources of inspiration and its influence, the motifs for philosophizing, the relation between reason and revelation, and lastly, the principal transformations in Jewish philosophy with the passage from medievalism to modernity.

The book elucidates the complex relationship between Jewish philosophy and general philosophy.