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The Problem of Excess Content: Economics, Novelty and a Long Popperian Tale

In Mark Blaug & Neil de Marchi (eds.), Appraising Economic Theories: Studies in the Methodology of Research Programs. Edward Elgar. pp. 58-75 (1991)

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  1. The New Growth Theory: Some Intellectual Growth Accounting.Nicolai J. Foss - 1998 - Journal of Economic Methodology 5 (2):223-246.
    This paper discusses the reasons for the success of the new growth theory. Given that the NGT does not appear to say much new about empirical reality, that its essential ideas have been known for a long time, and that it does not really make contact with a large literature on institutions and economic change, its strong success may arguably be seen as surprising. Or, at least, its success may appear peculiar to Lakatosian methodologists, and others who emphasize notions such (...)
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  • Economic Methodology is Dead - Long Live Economic Methodology: Thirteen Theses on the New Economic Methodology.D. Wade Hands - 2001 - Journal of Economic Methodology 8 (1):49-63.
    Abstract: The literature on economic methodology has exploded during the last two decades, and yet there really hasn't been any progress on the central methodological question of twenty years ago: What are the exact methodological rules that economists should follow in order to produce legitimate scientific knowledge? In this paper I argue that the lack of progress on this narrow traditional question does not reflect negatively on the efforts of those doing research in economic methodology; rather, it is simply a (...)
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