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Preface

Published online by Cambridge University Press:  05 January 2012

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Summary

This volume had its origin in a desire on the part of Joop Klant's colleagues at the University of Amsterdam to mark his retirement from the Chair of History and Philosophy of Economics. That desire translated into an attempt to focus scholarly effort on some of the themes that have informed his work over the past quarter-century.

Those themes are clearly evident in his own chapter, “The Natural Order,” and are also spelled out in his contribution to the Discussion. They have to do with the nature of economics and with certain implications for being an honest practitioner in that discipline. First of all, economics is not value-free. That means that the choices we make about theories and policies in economics inevitably reflect our preferred notions of how the world is constituted. Furthermore, because we do not have natural constants in the world of economics and because our theory in economics is often so general (for instance, “agents optimize”) that only specific versions can be tested, this leaves the basic theories themselves immune to test results. In our efforts at self-criticism, therefore, we have to go beyond mere testing for falsifying instances. This does not mean that striving after falsifiable theory is unimportant. It does mean that we must acknowledge and identify, as far as possible, the role of “vision” (perceived natural order) and art–the art of the good practitioner–in our economic “science.”

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The Popperian Legacy in Economics
Papers Presented at a Symposium in Amsterdam, December 1985
, pp. ix - x
Publisher: Cambridge University Press
Print publication year: 1988

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  • Preface
  • Edited by Neil de Marchi
  • Book: The Popperian Legacy in Economics
  • Online publication: 05 January 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511895760.001
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  • Preface
  • Edited by Neil de Marchi
  • Book: The Popperian Legacy in Economics
  • Online publication: 05 January 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511895760.001
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Preface
  • Edited by Neil de Marchi
  • Book: The Popperian Legacy in Economics
  • Online publication: 05 January 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511895760.001
Available formats
×