This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window
Open in New Tab
Open in same window
Journal of Economic Perspectives: Vol. 3 No. 2 (Spring 1989)
JEP Volume. 3, Issue 2 | 
Previous ArticleNext Article
Sign up for Email Alerts Follow us on Twitter
Full-text Article (Complimentary)
View Comments on This Article (0) | Login to post a comment
Previous ArticleNext Article
Expand
Quick Tools:
Print Article Summary Email Link to this Article Export CitationSign up for Email Alerts Follow us on Twitter
Explore:
Economic Methodology in a Nutshell
Article Citation
Hausman, Daniel M. 1989. "Economic Methodology in a Nutshell."
Journal of Economic Perspectives,
3(2): 115-127.
DOI: 10.1257/jep.3.2.115
DOI: 10.1257/jep.3.2.115
Abstract
This essay is a tendentious survey of standard methodological literature, focusing on the empirical appraisal of theory, microeconomic theory in particular. I shall in particular discuss four approaches to praising or damning microeconomic theory that have dominated methodological discussions. They might be called the deductivist, the positivist or Popperian, the predictionist, and the eclectic. Or to assign representative or striking figures to positions, these are John Stuart Mill's, Mark Blaug's, Milton Friedman's, and Donald McCloskey's views. I shall sketch and assess each position and defend aspects of the deductivist and eclectic views. Along the way I shall have something to say not only about how to do economics, but also about how to philosophize about economic methodology.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Hausman, Daniel M. (Unlisted)
JEL Classifications
036: Economic Methodology
Comments
View Comments on This Article (0) | Login to post a comment
