I will first discuss a peculiarity of the realism-antirealism debate. Some authors defending antirealist positions in a philosophical discussion seem to be inconsistent with what they do when treating scientific subjects. In the latter situation, they behave as realists. This tension can be dissolved by distinguishing different discourses belonging to different levels of philosophical radicality. Depending on the respective level, certain presuppositions are either granted or questioned. I will then turn to a discussion of the miracle argument by discussing a (...) simple example of curve fitting. In the example, multiple use-novel predictions are possible without indicating the truth of the fitting curve. Because this situation has similarities with real scientific cases, it sheds serious doubt upon the miracle argument. Next, I discuss the strategy of selective realism, especially its additional crucial component, the continuity argument. The continuity of some X in a series of theories, with X being responsible for the theories’ use-novel predictions, is taken to be a reliable indicator for the reality of X. However, the continuity of X could as well be due to the similarity of the theories in the series with an empirically very successful theory embodying X, without X being real. Thus, the two main arguments for scientific realism show severe weaknesses. (shrink)

In Systematicity, Paul Hoyningen-Huene answers the question "What is science?" by proposing that scientific knowledge is primarily distinguished from other forms of knowledge, especially everyday knowledge, by being more systematic. "Science" is here understood in the broadest possible sense, encompassing not only the natural sciences but also mathematics, the social sciences, and the humanities. The author develops his thesis in nine dimensions in which it is claimed that science is more systematic than other forms of knowledge: regarding descriptions, explanations, predictions, (...) the defense of knowledge claims, critical discourse, epistemic connectedness, an ideal of completeness, knowledge generation, and the representation of knowledge. He compares his view with positions on the question held by philosophers from Aristotle to Nicholas Rescher. The book concludes with an exploration of some consequences of Hoyningen-Huene's view concerning the genesis and dynamics of science, the relationship of science and common sense, normative implications of the thesis, and the demarcation criterion between science and pseudo-science. (shrink)

Philosophers of science increasingly recognize the importance of idealization: the intentional introduction of distortion into scientific theories. Yet this recognition has not yielded consensus about the nature of idealization. e literature of the past thirty years contains disparate characterizations and justifications, but little evidence of convergence towards a common position.

This article addresses the historical problem of how it was possible for Lise Meitner and her nephew Otto Robert Frisch to arrive at their novel interpretation of nuclear fission at the end of 1938. To understand this requires an analysis of the origin and subsequent development of the liquid-drop model of the nucleus. We begin by discussing George Gamow’s conception of the liquid-drop model in 1928 and then explore its extension, particularly by Werner Heisenberg and Carl Friedrich von Weizsäcker, between (...) 1933 and 1936. We then examine the role played by the liquid-drop model in Niels Bohr’s theory of the compound nucleus between 1936 and 1938. We argue that these two stages in the development of the liquid-drop model focused on two distinctly different features of the model, its static and dynamic characteristics, which were employed to understand two distinctly different phenomena, nuclear mass defects and nuclear reactions and excitations. The liquid-drop model thus became embedded in two distinctly different scientific traditions. We conclude by showing how these two traditions merged in the minds of Meitner and Frisch, leading them to their interpretation of nuclear fission. (shrink)

In this article, the author offers a discussion of the evidential role of the Galilean constant in the history of physics. The author argues that measurable constants help theories constrain data. Theories are engines for research, and this helps explain why the Duhem-Quine thesis does not undermine scientific practice. The author connects his argument to discussion of two famous papers in the history of economic methodology, Milton Friedman's 'Methodology of Positive Economics', which appealed to example of Galilean Law of Fall (...) in its argument; and Vernon Smith's 'Economics in the Laboratory'. While the author offers some criticism of Friedman and Smith, most of the article is a friendly reinterpretation of their insights. (shrink)

This article highlights a use of analogies in science that so far has received relatively little systematic discussion: providing reasons for pursuing a model or theory. Using the development of the liquid drop model as a test case, I critically assess two extant pursuit worthiness accounts: that analogies justify pursuit by supporting plausibility arguments and that analogies can serve as a guide to potential theoretical unification. Neither of these fit the liquid drop model case. Instead, I develop an alternative account, (...) based on the idea that analogies facilitate the transfer of a well-understood modelling strategy to a new domain. 1Introduction2Case Study: The Development of the Liquid Drop Model3Plausibility Accounts 3.1Bartha on plausibility and analogical inference3.2Plausibility and the drop analogy4Analogies as a Guide to Unification5Generative Accounts 5.1Analogy-based modelling strategies5.2Did analogies play a merely generative role?6A New Pursuit Worthiness Account of Analogies 6.1Transferring understanding-with through analogies6.2Understanding-with and the liquid drop model7Conclusion. (shrink)

Uskali Mäki has offered an innovative scientific realist account of Milton Friedman’s 1953 essay, ‘The Methodology of Positive Economics’, which directly challenges the dominant instrumentalist interpretation. This paper offers critical reflections on Mäki’s approach and interpretation. It is argued that Mäki’s method of rereading-rewriting the text is problematic; that an unforced instrumentalist account of unrealistic assumptions can be extracted from the text itself; and that seemingly realist passages can be plausibly read as expressing an instrumentalist stance.

The no-miracles argument and the pessimistic induction are arguably the main considerations for and against scientific realism. Recently these arguments have been accused of embodying a familiar, seductive fallacy. In each case, we are tricked by a base rate fallacy, one much-discussed in the psychological literature. In this paper we consider this accusation and use it as an explanation for why the two most prominent `wholesale' arguments in the literature seem irresolvable. Framed probabilistically, we can see very clearly why realists (...) and anti-realists have been talking past one another. We then formulate a dilemma for advocates of either argument, answer potential objections to our criticism, discuss what remains (if anything) of these two major arguments, and then speculate about a future philosophy of science freed from these two arguments. In so doing, we connect the point about base rates to the wholesale/retail distinction; we believe it hints at an answer of how to distinguish profitable from unprofitable realism debates. In short, we offer a probabilistic analysis of the feeling of ennui afflicting contemporary philosophy of science. (shrink)

This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in the methodology of economics. This is followed by a series of case studies of leading economic controversies, which shows how controversies in economics may be illuminated by paying (...) attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics, in which Professor Blaug develops his discussion of the latest developments in macroeconomics, general equilibrium theory and international trade theory. A new section on the rationality postulate is also added. (shrink)

The economics profession has become a favourite punching bag in the aftermath of the global financial crisis. Economists are widely reviled and their influence derided by the general public. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a defence and critique of economics. Economists' way of thinking about social phenomena has great advantages. But the flexible, contextual nature of economics is (...) also its Achilles' heel in the hands of clumsy practitioners. (shrink)

Many texts on logic are written with a mathematical emphasis, and focus primarily on the development of a formal apparatus and associated techniques. In other, more philosophical texts, the topic is often presented as an indulgent collection of musings on issues for which technical solutions have long since been devised. What has been missing until now is an attempt to unite the motives underlying both approaches. Paul Hoyningen-Huene’s Formal Logic seeks to find a balance between the necessity of formal considerations (...) and the importance of full reflection and explanation about the seemingly arbitrary steps that occasionally confound even the most serious student of logic. Alex Levine’s artful translation conveys both the content and style of the German edition. Filled with examples, exercises, and a straightforward look at some of the most common problems in teaching the subject, this work is eminently suitable for the classroom. (shrink)

Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. Since its appearance, the essay has shaped the image of economics as a scientific discipline, both within and outside of the academy. At the same time, there has been an ongoing controversy over the proper interpretation and normative evaluation of the essay. Perceptions have been sharply divided, with some viewing economics as a scientific success thanks to its (...) adherence to Friedman's principles, others taking it as a failure for the same reason. In this book, a team of world-renowned experts in the methodology of economics cast new light on Friedman's methodological arguments and practices from a variety of perspectives. It provides the 21st century reader with an invaluable assessment of the impact and contemporary significance of Friedman's seminal work. (shrink)

This book offers a comprehensive overview of the structure, strategy and methods of assessment of orthodox theoretical economics. In Part I Professor Hausman explains how economists theorise, emphasising the essential underlying commitment of economists to a vision of economics as a separate science. In Part II he defends the view that the basic axioms of economics are 'inexact' since they deal only with the 'major' causes; unlike most writers on economic methodology, the author argues that it is the rules that (...) economists espouse rather than their practice that is at fault. Part III links the conception of economics as a separate science to the fact that economic theories offer reasons and justifications for human actions, not just their causes. With its lengthy appendix introducing relevant issues in philosophy of science, this book is a major addition to philosophy of economics and of social science. (shrink)

Einstein said that the most incomprehensible thing about the universe is that it is comprehensible. But was he right? Can the quantum theory of fields and Einstein's general theory of relativity, the two most accurate and successful theories in all of physics, be united in a single quantum theory of gravity? Two of the world's most famous physicists - Stephen Hawking and Roger Penrose - disagree. Here they explain their positions in a work based on six lectures with a final (...) debate, all originally presented at the Isaac Newton Institute for Mathematical Sciences at the University of Cambridge. (shrink)

Debates about scientific realism are closely connected to almost everything else in the philosophy of science, for they concern the very nature of scientific knowledge. Scientific realism is a positive epistemic attitude toward the content of our best theories and models, recommending belief in both observable and unobservable aspects of the world described by the sciences. This epistemic attitude has important metaphysical and semantic dimensions, and these various commitments are contested by a number of rival epistemologies of science, known collectively (...) as forms of scientific antirealism. This article explains what scientific realism is, outlines its main variants, considers the most common arguments for and against the position, and contrasts it with its most important antirealist counterparts. (shrink)

It is argued that rather than a well defined F-Twist, Milton Friedman’s “Methodology of positive economics” offers an F-Mix: a pool of ambiguous and inconsistent ingredients that can be used for putting together a number of different methodological positions. This concerns issues such as the very concept of being unrealistic, the goal of predictive tests, the as-if formulation of theories, explanatory unification, social construction, and more. Both friends and foes of Friedman’s essay have ignored its open-ended unclarities. Their removal may (...) help create new common ground for more focused debate in economics. Here I show how F53 can be reread/rewritten as a socially constructivist fallibilist, and realist statement – in contrast to the received instrumentalist interpretation. (shrink)

Even outrageously unrealistic assumptions are just fine insofar as the theory or model involving them performs well in predicting phenomena of interest. Most economists and many non-economists will attribute this principle to Milton Friedman. Many will consider the principle itself outrageous, while others praise Friedman for having formulated it so persuasively.

In this paper I investigate two denials in Milton Friedman's Nobel Lecture (1976). The first is [i] the denial that 'Economics and its fellow social sciences' ought to be 'regarded more nearly as branches of philosophy.' The second is [ii] the denial that economics is 'enmeshed with values at the outset because they deal with human behaviour' (267). I show that Friedman's appeal to his methodology in the Nobel lecture fails on conceptual grounds internal to Friedman's methodology. Moreover, I show (...) that the failure is related to a broader systematic problem: when properly understood, Friedman's methodology shows that positive economics is (in a non-trivial sense) enmeshed in values. In order to account for Friedman's overreaching, I turn to the charged social context regarding Friedman's purported involvement with the Chicago Boys, who were then serving Chilean Dictator Pinochet. I conclude by explaining why I re-open the old chestnut of values in positive science. The episode allows me to raise a question of fundamental import about the relationship between expertise and society. (shrink)