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The Philosophy Of Economics: An Anthology

The Philosophy Of Economics: An Anthology

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  • ISBN:9780521883504
  • Editorial: Cambridge University Press
  • Fecha de la edición:
  • Encuadernación:Tapa dura
  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:536
  • Idiomas:Ingles,Inglés

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An anthology of works on the philosophy of economics, including classic texts and essays exploring specific branches and schools of economics. Completely revamped, this text contains new selections, a revised introduction and bibliography bringing this volume up to date. The volume contains 26 chapters organized into five parts: (I) Classic Discussions, (II) Positivist and Popperian Views, (III) Ideology and Normative Economics, (IV) Branches and Schools of Economics and Their Methodological Problems and (V) New Directions in Economic Methodology. It includes crucial historical contributions by figures such as Mill, Marx, Weber, Robbins, Knight, and Veblen and works by most of the leading contemporary figures writing on economic methodology, including five Nobel Laureates in Economics.

Introduction 1
Pt. 1 Classic Discussions 39
1 On the Definition and Method of Political Economy by John Stuart Mill 41
2 Objectivity and Understanding in Economics by Max Weber 59
3 The Nature and Significance of Economic Science by Lionel Robbins 73
4 Economics and Human Action by Frank Knight 100
5 Selected Texts on Economics, History, and Social Science by Karl Marx 108
6 The Limitations of Marginal Utility by Thorstein Veblen 129
Pt. 2 Positivist and Popperian Views 143
7 The Methodology of Positive Economics by Milton Friednian 145
8 Testability and Approximation by Herbert Simon 179
9 Why Look Under the Hood? by Daniel M. Hausman 183
10 Popper and Lakatos in Economic Methodology by D. Wade Hands 188
Pt. 3 Ideology and Normative Economics 205
11 Science and Ideology by Joseph Schumpeter 207
12 Welfare Propositions of Economics and Interpersonal Comparisons of Utility by Nicholas Kaldor 222
13 The Philosophical Foundations of Mainstream Normative Economics by Daniel M. Hausman and Michael S. McPherson 226
14 Why Is Cost-Benefit Analysis So Controversial? by Robert H. Frank 251
15 Capability and Well-Being by Amartya Sen 270
Pt. 4 Branches and Schools of Economics and Their Methodological Problems 295
16 Econometrics as Observation: The Lucas Critique and the Nature of Econometric Inference by Kevin D. Hoover 297
17 Does Macroeconomics Need Microfoundations? by Kevin D. Hoover

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