Hahn and economic methodology
"Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achiev…
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- Full title :Hahn and economic methodology / Thomas A. Boylan and Paschal F. O'Gorman.
Summary
"Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achieve objective, but non-scientific, understanding. Secondly, the central question for economic theory remains for Hahn how to understand, but not to predict as in physics for instance, how decentralised choices interact and perhaps get co-ordinated. Thirdly, Hahn identifies 'three commitments' without which, he argues, economic theorising for him is not possible. Finally, economic theorising has a distinctive approach, which Hahn calls its '"grammar of argumentation'."--Publisher's website.
Read More ↓Edition Statements
- Publication Date:2012.
Publication Statements
- Publisher(s):Routledge
- Place of Publication:Abingdon, Oxon
- Language:eng
- Publication Date:2012.
The Physical Object
- Description:1 online resource (xvii, 165 pages)
Edition Identifiers
- ISBN:9781136462023, 1136462023, 9781136462016, 1136462015
- DOI:10.4324/9780203127346
- oclc:ocn787851154
- LC Classification:HB131
- Dewey Decimal:330.1
Table of Contents
Introduction -- Hahn in context : an overview -- Hahn's hostility to methodology -- In defence of economic theorising -- The core of neoclassical economics -- Economics and axiomatization -- Kaldor and Hahn on equilibrium economics -- Economics, mathematics, and rationality : a new grammar of argumentation -- Economic theory and Hahn's virtues of understanding.
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