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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The paper traces the sequence of events which brought Popperian philosophy (including Lakatos) to its position on the issues of excess content, novelty and scientific progress. The general approach is to analyze Popper's and Lakatos's positions on these issues as an appropriate response to a particular philosophical problem situation in which they found themselves. The paper closes with a discussion of how these issues relate to economics and economic methodology.
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