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  1. In Favor of Mentalism in Economics: A Conversation with Christian List.Christian List & Catherine Herfeld - forthcoming - In Catherine Herfeld (ed.), Conversations on Rational Choice. Cambridge University Press.
    This is an edited transcript of a conversation to be included in the collection "Conversations on Rational Choice". The conversation was conducted in Munich on 7 and 9 February 2016.
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  2. Complexity, Policymaking, and The Austrian Denial of Macroeconomics.Scott Scheall - 2023 - In Bert Tieben, Victoria Chick & Jesper Jespersen (eds.), Routledge Handbook of Macroeconomic Methodology. Routledge.
    Economists associated with the Austrian School of Economics are known to deny the value of macroeconomics as descended from the work of John Maynard Keynes and, especially, his followers. Yet, Austrian economists regularly engage in a related scientific activity: theorizing about the causes and consequences of economic fluctuations, i.e., the business cycle. What explains the Austrians’ willingness to engage in theorizing about the business cycle while denying the scientific import of macroeconomics? The present paper argues that the methodological precepts of (...)
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  3. When the “realism of assumptions” mattered: Milton Friedman's critique of the Phillips curve.Marcos Picchio - 2022 - Studies in History and Philosophy of Science 94 (C):8-16.
    In this paper I challenge the pernicious aspects of Milton Friedman's methodological outlook that continues to hold sway over mainstream neoclassical economists. I do this by showing how Friedman's own methodological dicta could have been used against him when he famously advanced the expectations critique of the Phillips curve at his presidential address to the American Economic Association. I use this case study to further suggest that psychological and neurophysiological data should not be deemed irrelevant to economic science.
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  4. Modelos y pattern predictions en Hayek.Agustina Borella - 2021 - Procesos de Mercado. Revista Europea de Economía Política (2):363-380.
    The Austrian School seems to remain outside the debate on the realism of economic models. In principle, given the association of the term “model” with the Chicago School, and also for understanding that Hayek had critized the model of perfect competition as unrealistic. Even though in previous opportunities we showed how the theory of market as a process could be understood as the model of the Austrian School, and that Hayek’s criticism to the model of perfect competition was not so (...)
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  5. Phenomenological perspectives on economics: Schütz versus Düppe.Petr Špecián - 2019 - HORIZON. Studies in Phenomenology 8 (2):613-631.
    The article explores novel directions in the phenomenology of economics. It analyzes how the approaches of Till Düppe and Alfred Schütz, both inspired by Edmund Husserl, may shed light on the historical development of economics. I examine the substance and meaning of economics in the context of the forceful criticism of the whole discipline recently raised by Düppe. This examination uncovers important weaknesses and omissions inherent in Düppe’s argument against the economists’ scientific aspirations. The analysis of the social scientific endeavors (...)
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  6. El Realismo Pictórico de los modelos económicos. [REVIEW]Agustina Borella - 2016 - Revista Perspectivas de Las Ciencias Económicas y Jurídicas 6:99-105.
    En su reciente obra Tony Lawson nos invita a recorrer una vez más un análisis detallado de los problemas de la economía como ciencia, y en particular del modelar matemático. Intenta responder a preguntas como ¿qué hacen los economistas académicos modernos?, ¿qué es actualmente la economía mainstream?, ¿qué esla economía neoclásica y qué la heterodoxa?, ¿cómo se relacionan las preocupaciones de los economistas modernos con aquellas que tradicionalmente consideraba la disciplina? y ¿cómo llegó la economía a su estado actual?
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  7. Pinceladas de Realismo Finlandés. [REVIEW]Agustina Borella - 2013 - Filosofia de la Economia 1 (1):131-137.
    La presente obra ofrece un análisis crítico de la filosofía de la economía de Uskali Mäki; en particular de la consideración realista científica de la economía. Se intenta a lo largo del texto responder, de algún modo, a las preguntas que plantea Lehtinen en la introducción: “¿Están los economistas aspirando en absoluto a la verdad, o están solamente jugando un juego intelectual en que tales supuestos son aceptables por alguna razón misteriosa? ¿Están estudiando la economía en serio? ¿Están simplemente desinteresados (...)
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  8. A Critical Look on Critical Realism.Agustina Borella - 2012 - Perspectives on Epistemology of Economics:183-207.
    Tony Lawson, founder of The Social Ontology Group and The Realist Workshop of Cambridge, has proposed critical realism to reorient economics. The transformation of the social world that Lawson tries, emerges from the adherence to critical realism, this is, from taking the transcendental realism of Roy Bhaskar to the social realm. With the purpose of deepening the criticisms to this movement, we will specify what is critical realism, and which are the philosophical assumptions of the mainstream according to this author. (...)
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  9. Realism, Commonsensibles, and Economics:The Case of Contemporary Revealed Preference Theory.D. Wade Hands - 2012 - In Aki Lehtinen, Jaakko Kuorikoski & Petri Ylikoski (eds.), Economics for real: Uskali Mäki and the place of truth in economics. New York: Routledge. pp. 156-178.
    This paper challenges Mäki's argument about commonsensibles by offering a case study from contemporary microeconomics – contemporary revealed preference theory (hereafter CRPT) – where terms like "preference," "utility," and to some extent "choice," are radical departures from the common sense meanings of these terms. Although the argument challenges the claim that economics is inhabited solely by commonsensibles, it is not inconsistent with such folk notions being common in economic theory.
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  10. Puzzled by realism: a response to Deichsel.Uskali Mäki - 2011 - Erasmus Journal for Philosophy and Economics 4 (1):42-52.
    No realist project in and about economics is close to completion. There are many open issues that remain to be addressed and resolved. Simon Deichsel (2011) has written a healthy challenge that should offer some useful inspiration to anyone interested in assessing and perhaps contributing to the realist projects. He argues against realism and in support of some sort of anti-realism. My response first deals with some conceptual issues regarding the very ideas of realism and anti-realism. I will then discuss (...)
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  11. What is money? An alternative to Searle's institutional facts.J. P. Smit, Filip Buekens & Stan du Plessis - 2011 - Economics and Philosophy 27 (1):1-22.
    In The Construction of Social Reality, John Searle develops a theory of institutional facts and objects, of which money, borders and property are presented as prime examples. These objects are the result of us collectively intending certain natural objects to have a certain status, i.e. to ‘count as’ being certain social objects. This view renders such objects irreducible to natural objects. In this paper we propose a radically different approach that is more compatible with standard economic theory. We claim that (...)
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  12. Unrealistic assumptions and unnecessary confusions : rereading and rewriting F53 as a realist statement.Uskali Mäki - 2009 - In The methodology of positive economics : Reflections on the Milton Friedman legacy. Cambridge University Press.
    It is argued that rather than a well defined F-Twist, Milton Friedman’s “Methodology of positive economics” offers an F-Mix: a pool of ambiguous and inconsistent ingredients that can be used for putting together a number of different methodological positions. This concerns issues such as the very concept of being unrealistic, the goal of predictive tests, the as-if formulation of theories, explanatory unification, social construction, and more. Both friends and foes of Friedman’s essay have ignored its open-ended unclarities. Their removal may (...)
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  13. The Construction of Social Reality: An Exchange.Barry Smith & John Searle - 2003 - American Journal of Economics and Sociology 62 (2):285-309.
    Part 1 of this exchange consists in a critique by Smith of Searle’s The Construction of Social Reality focusing on Searle’s use of the formula ‘X counts as Y in context C’. Smith argues that this formula works well for social objects such as dollar bills and presidents where the corresponding X terms (pieces of paper, human beings) are easy to identify. In cases such as debts and prices and money in a bank's computers, however, the formula fails, because these (...)
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  14. The Economic World View: Studies in the Ontology of Economics.Uskali Mäki (ed.) - 2001 - New York: Cambridge University Press.
    The beliefs of economists are not solely determined by empirical evidence in direct relation to the theories and models they hold. Economists hold 'ontological presuppositions', fundamental ideas about the nature of being which direct their thinking about economic behaviour. In this volume, leading philosophers and economists examine these hidden presuppositions, searching for a 'world view' of economics. What properties are attributed to human individuals in economic theories, and which are excluded? Does economic man exist? Do markets have an essence? Do (...)
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  15. Thirteen Theses on Progress in Economic Methodology.D. Wade Hands - 1990 - Finnish Economic Papers 3:72-76.
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  16. A la recherche du temps perdu : Réponse à M.M. Lafleur, Rosenberg et Salmon.Philippe Mongin - 1988 - Philosophy of the Social Sciences 18 (4):537-549.
    A rejoinder to commentators of the paper by P. Mongin, "Le réalisme des hypothèses et la "Partial Interpretation View"", Philosophy of the Social Sciences, 18, 1988, p. 281-325. (This paper is listed and made available by Philpapers.).
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  17. Le réalisme des hypothèses et la Partial Interpretation View.Philippe Mongin - 1988 - Philosophy of the Social Sciences 18 (3):281-325.
    The article discusses Friedman's classic claim that economics can be based on irrealistic assumptions. It exploits Samuelson's distinction between two "F-twists" (that is, "it is an advantage for an economic theory to use irrealistic assumptions" vs "the more irrealistic the assumptions, the better the economic theory"), as well as Nagel's distinction between three philosophy-of-science construals of the basic claim. On examination, only one of Nagel's construals seems promising enough. It involves the neo-positivistic distinction between theoretical and non-theoretical ("observable") terms; so (...)
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