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Item Details
Title: HAHN AND ECONOMIC METHODOLOGY
THE PURSUIT OF UNDERSTANDING
By: Thomas A. Boylan, Paschal O'Gorman
Format: Hardback

List price: £150.00
Our price: £135.00
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ISBN 10: 0415213487
ISBN 13: 9780415213486
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 16 January, 2012
Series: Routledge Frontiers of Political Economy v. 29
Pages: 184
Description: Frank Hahn's powerful critiques of current economic methodology and innovative reconstructions of economic theorizing have long challenged the views of practising economists. This title presents a study of Hahn's methodological writings. It is suitable for scholars with an interest in the philosophy of economics.
Synopsis: Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achieve objective, but non-scientific, understanding. Secondly, the central question for economic theory remains for Hahn how to understand, but not to predict as in physics for instance, how decentralised choices interact and perhaps get co-ordinated. Thirdly, Hahn identifies 'three commitments' without which, he argues, economic theorising for him is not possible. Finally, economic theorising has a distinctive approach, which Hahn calls its 'grammar of argumentation' .
Publication: UK
Imprint: Routledge
Returns: Returnable
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