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Popper, the Rationality Principle and Economic Explanation

In G. K. Shaw (ed.), Economics, Culture, and Education: Essays in Honor of Mark Blaug. Edward Elgar. pp. 108-119 (1991)

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  1. Popper’s ontology of situated human action.Allen Oakley - 2002 - Philosophy of the Social Sciences 32 (4):455-486.
    Popper's version of situational analysis, with its focus on the logic of situations and the rationality principle, fails to provide cogent explanations of the human decisions and actions underpinning social phenomena. It so fails because where he demanded objectivism and formalism in the social sciences, his substantive arguments lost contact with the psychological and subjectivist realities of the human realm. But Popper also devised some key elements of a social ontology. It is argued that although there are crucial gaps in (...)
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  • Understanding the rationality principle in economics as a functional a priori principle.Catherine Https://Orcidorg Herfeld - 2020 - Synthese 198 (Suppl 14):3329-3358.
    Since the early days of economics, the rationality principle has been a core element of economic theorizing. It is part of almost any theoretical framework that economists use to generate knowledge. Despite its central role, the principle’s epistemic status and function continue to be debated between empiricists and rationalists, and a clear winner is yet to emerge. One point of contention is that we cannot explain the principle’s special status in light of clear evidence against its empirical validity and the (...)
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