Main Philosophical Methodologies in the Economic Science

Васил Проданов

doi:10.37075/RP.2017.3.01

Authors

Acad. Prof. DSc in Philosophy Vasil Prodanov Department of Political Economy, Faculty of General Economics, UNWE Author

DOI:

https://doi.org/10.37075/RP.2017.3.01

Keywords:

Economics, Rationalism, Postpositivism, Classical political economy, Empirism, Methodology, Positivism, Method dispute

B4

Abstract

The main goal of the study is to reveal the parallel and the relationships in development of the mainstream trends in philosophy and methodology of science, methodology of economics and the changes in the economic reality. Through theoretical and comparative analysis, it is drawn a conclusion that the classical rationalist philosophical methodology of the European Enlightenment, the first and second positivism, neoposiitvism, postpositivist philosophy are methodological basis of each of the successive mainstream theoretical models of economic thinking in the developed capitalist countries from Adam Smith until now.

References

Blaug, M. (2004). Methodology of Economic Science, or How Economists Explain. Moscow: Voprosy Ekonomiki (journal). ISBN: 5-901389-04-2

Blaug, M. (1996). Economic Thought in Retrospect. Moscow: Delo LTD. DOI: https://doi.org/10.1017/CBO9780511805639

Kanke, V.A. (2009). Philosophy of Economic Science. Moscow: INFRA-M.

Lebedev, S.A. (2008). Philosophy of Social and Human Sciences. Moscow: Akademicheskiy Proyekt.

Osipov, Yu.M. (1998). On the Search for a New Paradigm. Economic Theory at the Threshold of the 21st Century.

Friedman, M. (2004). Methodology of Positive Economic Science. THESIS.

Boettke, Peter J. (2010). Twentieth-Century Economic Methodology. 21st Century Economics: A Reference Handbook. DOI: https://doi.org/10.4135/9781412979290.n4

Friedman, M. (1953). Essays in Positive Economics. Chicago: University of Chicago Press.

Hands, D. Wade (2001). Reflection without Rules: Economic Methodology and Contemporary Science Theory. Cambridge University Press. DOI: https://doi.org/10.1017/CBO9780511612602

Hoover, Kevin D. (2003). The Methodology of Empirical Macroeconomics. Cabridge University Press. DOI: https://doi.org/10.1017/CBO9780511613050

Hausman, Daniel M. (1992). Essays on Philosophy and Economic Methodology. Cambridge University Press. DOI: https://doi.org/10.1017/CBO9781139173964

Hausman, Daniel M. (1998). Problems with Realism in Economics. Economics and Philosophy, 14(2). DOI: https://doi.org/10.1017/S0266267100003837

Hutchison, T.W. (1938). The Significance and Basic Postulates of Economic Theory. London: Macmillan. DOI: https://doi.org/10.2307/2980075

Keynes, John Neville (1999). The Scope and Method of Political Economy. Batoche Books.

Marshall, Alfred (1982). Principles of Economics. Nabu Press. DOI: https://doi.org/10.1007/978-1-349-15213-1

McCloskey, D. (1998). The Rhetoric of Economics. Madison: University of Wiskonsin Press. DOI: https://doi.org/10.2307/jj.36032609

Menger, Carl. (1985). Investigatons into the Method of the Social Sciences with Special Reference to Economics. N.Y.-L.: New York University Press.

Mill, John Stuart. (2012). Principles of Political Economy. BN Publishing.

Samuelson, Paul A. (1947). Foundations of Economic Analysis. Harvard University Press. DOI: https://doi.org/10.2307/3438190

Schmoller, Gustav von. (1883). Zur Methodologie der Staats- und Sozialwissenschaften. Jahrbuch für Gesetzgebung, Verwaltung und Volkswirtschaft im deutschen Reich.

Skidelsky, Robert. (2016). Economists versus the Economy. Project Syndicate. URL: https://www.project-syndicate.org/print/mathematical-economics-trainingtoo-narrow-by-robert-skidelsky-2016-12 (accessed December 23) DOI: https://doi.org/10.1057/978-1-137-58017-7

Wunder, Timothy A. (2010). Economic Methodology. 21st Century Economics: A Reference Handbook. DOI: https://doi.org/10.4135/9781412979290.n3

Weintraub, E. Roy (1989). Methodology Doesn't Matter, but the History of Thought Might. Scandinavian Journal of Economics, 91. DOI: https://doi.org/10.2307/3440125