Could there be a science of Economics?

Dupre, J. (1993) Could there be a science of Economics? [Journal (Paginated)]

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Much scientific thinking and thinking about science involves assumptions that there is a deep and pervasive order to the world that it is the business of science to disclose. A paradigmatic statement of such a view can be found in a widely discussed paper by a prominent economist, Milton Friedman (a paper which will be discussed in more detail shortly): A fundamental hypothesis of science is that appearances are deceptive and that there is a way of looking at or interpreting or organizing the evidence that will reveal superficially disconnected and diverse phenomena to be manifestations of a more fundamental and relatively simple structure. (1953/1984, p.231) On the other hand, the person sometimes described as the father of modern science, Francis Bacon, wrote: The human understanding is of its own nature prone to suppose the existence of more order and regularity in the world than it finds. And though there be many things in nature which are singular and unmatched, yet it devises for them conjugates and relatives which do not exist. (1620/1960, p. 50).

Item Type:Journal (Paginated)
Subjects:Philosophy > Philosophy of Science
ID Code:347
Deposited By: Dupre, John
Deposited On:02 Jul 1998
Last Modified:11 Mar 2011 08:53


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