The Methodology of Positive Economics: Reflections on the Milton Friedman Legacy

ISBN-13: 9780521867016 / Angielski / Twarda / 2009 / 382 str.

Uskali Maki

Opis

A team of world-renowned experts cast new light on Milton Friedman's 1953 essay 'The methodology of positive economics'.

Recenzje

'If economic methodologists had a bible, Friedman's 'The Methodology of Positive Economics' would be it. If economic methodologists had a Talmudic study of its bible, this book would be it. The book is insightful, thoughtful, and thought provoking. Who would have thought that after fifty years, there is still so much to say about Friedman's methodological essay? The book is necessary reading for anyone studying formal economic methodology.' David Colander, Middlebury College, Vermont

Spis treści

List of figures; List of tables; List of contributors; Preface; Part I. The Classical Essay in 20th Century Economic Methodology: The methodology of positive economics (1953) Milton Friedman; Part II. Reading and Writing a Classic: 1. Reading the methodological essay in twentieth century economics: map of multiple perspectives Uskali Mäki; 2. Early drafts of Friedman's methodology essay J. Daniel Hammond; 3. Unrealistic assumptions and unnecessary confusions: rereading and rewriting F53 as a realist statement Uskali Mäki; Part III. Models, Assumptions, Predictions, Evidence: 4. The influence of Friedman's methodological essay on economics Tom Mayer; 5. Did Milton Friedman's methodology license the formalist revolution? D. Wade Hands; 6. Appraisal of evidence in economic methodology Melvin Reder; 7. The politics of positivism: disinterested predictions from interested agents David Teira Serrano and Jesús Zamora Bonilla; Part IV. Theoretical Context: Firm, Money, Expected Utility, Walras and Marshall: 8. Friedman's 1953 essay and the marginalist controversy Roger Backhouse; 9. Friedman (1953) in relation to theories of the firm Oliver Williamson; 10. Friedman's selection argument revisited Jack Vromen; 11. Expected utility and Friedman's risky methodology Chris Starmer; 12. Friedman's methodological stance: causal realism Kevin D. Hoover; 13. On the right side for the wrong reason: Friedman on the Marshall-Walras divide Michel De Vroey; Part V. Concluding Perspectives: 14. The debate over F53 after 50 years Mark Blaug; 15. Final word Milton Friedman; References; Index.