Fact and Fiction in Economics: Models, Realism and Social Construction

doi:10.1017/CBO9780511493317

Fact and Fiction in Economics

Models, Realism and Social Construction

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Edited by Uskali Mäki, Erasmus Universiteit Rotterdam

Publisher:: Cambridge University Press
Online publication date:: September 2009
Print publication year:: 2002
Online ISBN:: 9780511493317
DOI:: https://doi.org/10.1017/CBO9780511493317

Subjects:: Economics, Economic Thought, Philosophy and Methodology, Philosophy of Social Science, Philosophy

44.99 (GBP)

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There is an embarrassing polarization of opinions about the status of economics as an academic discipline, as reflected in epithets such as the Dismal Science and the Queen of the Social Sciences. This collection brings together some of the leading figures in the methodology and philosophy of economics to provide a thoughtful and balanced overview of the current state of debate about the nature and limits of economic knowledge. Authors with partly rival and partly complementary perspectives examine how abstract models work and how they might connect with the real world, they look at the special nature of the facts about the economy, and they direct attention towards the academic institutions themselves and how they shape economic research. These issues are thus analysed from the point of view of methodology, semantics, ontology, rhetoric, sociology, and economics of science.

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Fact and Fiction in Economics

Models, Realism and Social Construction

This Book has been cited by the following publications. This list is generated based on data provided by Crossref.

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Contents

Frontmatter
pp i-vi

Contents
pp vii-viii

Notes on the contributors
pp ix-xiv

Preface
pp xv-xvi

I - Introduction
pp 1-2

1 - The dismal queen of the social sciences
pp 3-32

II - Setting the scene
pp 33-34

2 - Ugly currents in modern economics
pp 35-56

3 - Modern economics and its critics
pp 57-89

4 - Some nonreasons for nonrealism about economics
pp 90-104

III - Economic models and economic reality
pp 105-106

5 - Credible worlds: the status of theoretical models in economics
pp 107-136

6 - The limits of causal order, from economics to physics
pp 137-151

7 - Econometrics and reality
pp 152-177

8 - Models, stories, and the economic world
pp 178-201

9 - Economic models and reality: the role of informal scientific methods
pp 202-213

10 - Truthlikeness and economic theories
pp 214-228

IV - The constitution of economic reality
pp 229-230

11 - Rational choice, functional selection, and “empty black boxes”
pp 231-256

12 - The reality of common cultures
pp 257-268

13 - Collective acceptance and collective attitudes: on the social construction of social reality
pp 269-284

14 - Hayek and cultural evolution
pp 285-303

15 - Putting evidence in its place: John Mill's early struggles with “facts in the concrete”
pp 304-326

V - The institutions of economics
pp 327-328

16 - You shouldn't want a realism if you have a rhetoric
pp 329-340

17 - The more things change, the more they stay the same: social realism in contemporary science studies
pp 341-355

18 - Economists: truth-seekers or rent-seekers?
pp 356-375

Index
pp 376-384

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Fact and Fiction in Economics

Models, Realism and Social Construction

Book description

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Contents

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