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26 May 2021 20:46:04 UTC
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The Foundations of Economic Method: A Popperian Perspective
Author: Lawrence A. Boland
File Type: pdf
Many consider Foundations of Economic Method to be Lawrence Bolands best work. This updated edition is radically changed from the original and will be much appreciated by thinkers within economics. The book positions methodology vis-a-vis the current practice of economists and is all the better for it. Yet another book that not only deserves to be read by those within the field of economic methodology, but also by those involved in economics at all. Boland is back. ReviewRevised and expanded edition describes and critiques the methodology of modern economics promotes a methodology based on Karl Poppers theory of science and demonstrates how the recommended version of a Popperian program can be applied.Journal of Economic Literature, 122004Methodology is often viewed as a bit part player within economics. Too tied down with debating past disputes, methodology has been viewed by many within economics as an irrelevance.This book attempts to change this sidelining of economic methodology by focusing on those current neoclassical research programs that are beginning to provide a sound theoretical basis for the evolution of economics, game theory, institutions and the market based system. The book provides a clear analysis of the fundamentals of economic methodology and goes on to show how Karl Poppers theory of science has not been widely adopted by economists, how his philosophy has been misunderstood by methodologists and how Popperian theory can be incorporated into current neoclassical theory to change it for the better.Many consider Foundations of Economic Method to be Bolands best work. This updated edition is radically changed from the original and will be much appreciated not only by students and researchers within economic methodology and philosophy, but also all those involved in neoclassical theory to change it for the better.
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