Karl Popper and Economic Methodology: A New Look

Economics and Philosophy 1 (1):83-99 (1985)
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Abstract

Discussions of Karl Popper's falsificationist philosophy of science appear regularly in the recent literature on economic methodology. In this literature, there seem to be two fundamental points of agreement about Popper. First, most economists take Popper's falsificationist method of bold conjecture and severe test to be the correct characterization of scientific conduct in the physical sciences. Second, most economists admit that economic theory fails miserably when judged by these same falsificationist standards. As Latsis states, “the development of economic analysis would look a dismal affair through falsificationist spectacles.”

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D. Hands
University of Puget Sound

Citations of this work

Philosophy of economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
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Philosophy of Economics: A Retrospective Reflection.Daniel M. Hausman - 2018 - Revue de Philosophie Économique 18 (2):185-202.

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Logical versus historical theories of confirmation.Alan Musgrave - 1974 - British Journal for the Philosophy of Science 25 (1):1-23.
On austrian methodology.Robert Nozick - 1977 - Synthese 36 (3):353 - 392.
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On Robert Nozick's 'on austrian methodology'.Walter Block - 1980 - Inquiry: An Interdisciplinary Journal of Philosophy 23 (4):397 – 444.

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