The Philosophy of Economics: An Anthology
by Daniel M. HausmanEdition: 3rd
Format: Hardcover
Pub. Date: 2007-12-17
Publisher(s): Cambridge University Press
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Summary
An anthology of works on the philosophy of economics, including classic texts and essays exploring specific branches and schools of economics. Completely revamped, this text contains new selections, a revised introduction and bibliography bringing this volume up to date. The volume contains 26 chapters organized into five parts: (I) Classic Discussions, (II) Positivist and Popperian Views, (III) Ideology and Normative Economics, (IV) Branches and Schools of Economics and Their Methodological Problems and (V) New Directions in Economic Methodology. It includes crucial historical contributions by figures such as Mill, Marx, Weber, Robbins, Knight, and Veblen and works by most of the leading contemporary figures writing on economic methodology, including five Nobel Laureates in Economics.
Table of Contents
| Introduction | p. 1 |
| Classic Discussions | p. 39 |
| On the Definition and Method of Political Economy | p. 41 |
| Objectivity and Understanding in Economics | p. 59 |
| The Nature and Significance of Economic Science | p. 73 |
| Economics and Human Action | p. 100 |
| Selected Texts on Economics, History, and Social Science | p. 108 |
| The Limitations of Marginal Utility | p. 129 |
| Positivist and Popperian Views | p. 143 |
| The Methodology of Positive Economics | p. 145 |
| Testability and Approximation | p. 179 |
| Why Look Under the Hood? | p. 183 |
| Popper and Lakatos in Economic Methodology | p. 188 |
| Ideology and Normative Economics | p. 205 |
| Science and Ideology | p. 207 |
| Welfare Propositions of Economics and Interpersonal Comparisons of Utility | p. 222 |
| The Philosophical Foundations of Mainstream Normative Economics | p. 226 |
| Why Is Cost-Benefit Analysis So Controversial? | p. 251 |
| Capability and Well-Being | p. 270 |
| Branches and Schools of Economics and Their Methodological Problems | p. 295 |
| Econometrics as Observation: The Lucas Critique and the Nature of Econometric Inference | p. 297 |
| Does Macroeconomics Need Microfoundations? | p. 315 |
| Economics in the Laboratory | p. 334 |
| Neuroeconomics: Using Neuroscience to Make Economic Predictions | p. 356 |
| The Market as a Creative Process | p. 378 |
| What Is the Essence of Institutional Economics? | p. 399 |
| New Directions in Economic Methodology | p. 413 |
| The Rhetoric of This Economics | p. 415 |
| Realism | p. 431 |
| What Has Realism Got to Do with It? | p. 439 |
| Feminism and Economics | p. 454 |
| Credible Worlds: The Status of Theoretical Models in Economics | p. 476 |
| Selected Bibliography of Books on Economic Methodology | p. 511 |
| Index | p. 521 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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