The repercussion of Imre Lakatos’s methodology in economics has passed through quite different periods. His influence can be seen in discussions that affect economics as basic science (“positive economics”) and applied science (“normative economics”). This study examines the main lines of this historical trajectory and makes a critical analysis of the evolution of its repercussions on economic methodology. Starting with the initial period of promising attitude (1972–74), the analysis moves on through the middle period of more influence (1974–89) and then (...) turns to the critical stance of the later period (1989–). These steps provide a clear picture of strengths and weaknesses of the contributions of Lakatos’s methodology of scientific research programs to economic methodology. (shrink)

In this paper, I argue that Imre Lakatos’s account on the relation between the history and the philosophy of science, if properly understood and also if properly modified, can be valuable for the philosophical comprehension of the relation between the history and the philosophy of science. The paper is divided into three main parts. In the first part, I provide a charitable exegesis of the Lakatosian conception of the history of science in order to show that Lakatos’s history cannot be (...) a caricature. In the second part, I describe what I believe are the real problems of Lakatos’s account on a metaphysical and on a methodological level. In order to address these problems, I take advantage of the recent critique of the so-called “confrontation model”. Finally, in the third part, I suggest that a proper modification of Lakatos’s perspective can resolve the aforementioned problems without distorting Lakatos’s central aspiration, which is that the philosophical theories of scientific rationality can be assessed with the help of the history of science without losing their normative content. (shrink)

In the methodology of scientific research programs (MSRP) there are important features on the problem of prediction, especially regarding novel facts. In his approach, Imre Lakatos proposed three different levels on prediction: aim, process, and assessment. Chapter 5 pays attention to the characterization of prediction in the methodology of research programs. Thus, it takes into account several features: (1) its pragmatic characterization, (2) the logical perspective as a proposition, (3) the epistemological component, (4) its role in the appraisal of research (...) programs, and (5) its place as a value for scientific research. -/- The notion of “novel facts” is highly relevant in his conception, where several aspects are involved: the directions of novel facts, the different kinds of novelty, and the transition from six possible options of “novel facts” to four choices. Thereafter, the prediction of novel facts as the criterion of appraisal is considered. On the one hand, this requires analyzing the theoretical, empirical, and heuristic possibilities of appraisal; and, on the other, whether there is an overemphasis on the role of prediction in methodology of scientific research programs. As a consequence, there is an analysis of Lakatos’ criterion of appraisal in MSRP and economics. (shrink)