The Inexact and Separate Science of Economics
By (author) Daniel M. Hausman
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Inexact and Separate Science of Economics by Daniel M. Hausman
Book DescriptionThis book offers a comprehensive overview of the structure, strategy and methods of assessment of orthodox theoretical economics. In Part I Professor Hausman explains how economists theorise, emphasising the essential underlying commitment of economists to a vision of economics as a separate science. In Part II he defends the view that the basic axioms of economics are 'inexact' since they deal only with the 'major' causes; unlike most writers on economic methodology, the author argues that it is the rules that economists espouse rather than their practice that is at fault. Part III links the conception of economics as a separate science to the fact that economic theories offer reasons and justifications for human actions, not just their causes. With its lengthy appendix introducing relevant issues in philosophy of science, this book is a major addition to philosophy of economics and of social science.
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Book DetailsISBN: 9780521415019
(204mm x 159mm x 25mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 31-Jan-1992
Country of Publication: United Kingdom
Books By Author Daniel M. Hausman
Economic Analysis, Moral Philosophy, and Public Policy, Paperback (December 2016)
This book shows how careful attention to moral reasoning can enrich economic understanding and clarify the importance and the limits of an economic analysis of policy problems.
Valuing Health, Hardback (April 2015)
Valuing Health provides a philosophically sophisticated overview of generic health measurement systems, which clarifies their value commitments and criticizes their dependence on preference surveys to assign values to health states.
Preference, Value, Choice, and Welfare, Hardback (December 2011)
This book is about preferences, principally as they figure in positive and normative economics.
Essays on Philosophy and Economic Methodology, Paperback (February 2008)» View all books by Daniel M. Hausman
This collection brings together the essays of one of the foremost American philosophers of economics.
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