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Christopher D. Mackie - Canonizing Economic Theory: How Theories and Ideas are Selected in Economics

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    Canonizing Economic Theory: How Theories and Ideas are Selected in Economics
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CANONIZING ECONOMIC THEORY title Canonizing Economic Theory How - photo 1
CANONIZING ECONOMIC THEORY

title:Canonizing Economic Theory : How Theories and Ideas Are Selected in Economics
author:Mackie, Christopher D.
publisher:ME Sharpe, Inc.
isbn10 | asin:0765602849
print isbn13:9780765602848
ebook isbn13:9780585019857
language:English
subjectEconomics--History, Economics--Research.
publication date:1998
lcc:HB75.M17 1998eb
ddc:330.1
subject:Economics--History, Economics--Research.
CANONIZING
ECONOMIC
THEORY
How Theories and Ideas
are Selected in Economics
Christopher D. Mackie
Copyright 1998 by M. E. Sharpe, Inc.
All rights reserved. No part of this book may be reproduced in any form
without written permission from the publisher, M. E. Sharpe, Inc.,
80 Business Park Drive, Armonk, New York 10504.
Library of Congress Cataloging-in-Publication Data
Mackie, Christopher D.
Canonizing economic theory: how theories and ideas are selected in economics / Christopher D. Mackie.
p. cm.
Includes bibliographical references and index.
ISBN 0-7656-0284-9 (hardcover: alk. paper).-
ISBN 0-7656-0285-7 (pbk.: alk. paper)
1. Economics-History. 2. Economics-Research. I. Title.
HB75.M17 1998 98-9241
330.1--dc21
CIP
Printed in the United States of America
The paper used in this publication meets the minimum requirements of American National Standard for Information Sciences - Permanence of Paper for Printed Library Materials, ANSI Z 39.48-1984.
BM(c) 10 9 8 7 6 5 4 3 2 1
BM(p) 10 9 8 7 6 5 4 3 2 1
Page i
CONTENTS
Introduction. Description of the Problem
3
Purpose of This Book
3
What Is a Theory?
4
The Theory Choice Process
5
Theory Choice-An Illustrative Example
6
Chapter Outline
9
1. Philosophy of Science Background
12
Introduction
12
Formulation of the 'Received View' of Science
13
The Hypothetico-Deductive Method
15
Picture 2
Karl Popper
16
Emergence of Theory Choice as a Philosophy of Science Issue
20
Recent Philosophy of Science Developments
24
Picture 3
Thomas Kuhn
25
Picture 4
Imre Lakatos
30
Picture 5
Philosophy versus History
34
Picture 6
Use of Historical Evidence
35
Kuhn, Lakatos: Treatment of Theory Choice
36
Conclusions
38
2. Philosophy of Science and Economics
41
Introduction
41
The Physical Science-Economics Link
42
Economists and Philosophy of Science
47
Picture 7
Growth of Knowledge in Economics-A Challenge to Friedman 's Methodology
50
Picture 8
Toward an Assessment of Scientific Research Programs
66
3. Rationale for a Broader Interpretation
70
Introduction
70
Critical Response to Lakatos
72
Summary of Philosophy of Science Shortcomings
74
Methodological Considerations and Conclusions
83
4. Prepublication Appraisal and Editorial Selection
88
Introduction
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