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The methodology of positive economics : reflections on the Milton Friedman legacy

Author: Uskali Mäki
Publisher: Cambridge, UK ; New York : Cambridge University Press, 2009.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. Since its appearance, the essay has shaped the image of economics as a scientific discipline, both within and outside of the academy. At the same time, there has been an ongoing controversy over the proper interpretation and  Read more...
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Named Person: Milton Friedman; Milton Friedman
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Uskali Mäki
ISBN: 9780521867016 0521867010 9780521686860 0521686865 9780511538216 0511538219
OCLC Number: 319064604
Notes: Papers presented at a conference organized by the Erasmus Institute for Philosophy and Economics in Rotterdam on December 12-13, 2003, on the occasion of the fiftieth anniversary of the publication of Friedman's essay.
Description: xviii, 363 pages : illustrations ; 24 cm
Contents: The methodology of positive economics (1953) / Milton Friedman --
Reading the methodological essay in twentieth-century economics: map of multiple perspectives / Uskali Mäki --
Early drafts of Friedman's methodology essay / J. Daniel Hammond --
Unrealistic assumptions and unnecessary confusions: rereading and rewriting F53 as a realist statement / Uskali Mäki --
The influence of Friedman's methodological essay / Tom Mayer --
Did Milton Friedman's positive methodology license the formalist revolution? / D. Wade Hands --
Appraisal of evidence in economic methodology / Melvin W. Reder --
The politics of positivism: disinterested predictions from interested agents / David Teira Serrano and Jesús Zamora Bonilla --
Friedman's 1953 essay and the marginalist controversy / Roger E. Backhouse --
Friedman (1953) and the theory of the firm / Oliver E. Williamson --
Friedman's selection argument revisited / Jack Vromen --
Expected utility and Friedman's risky methodology / Chris Starmer --
Milton Friedman's stance: the methodology of causal realism / Kevin D. Hoover --
On the right side for the wrong reason: Friedman on the Marshall-Walras divide / Michel De Vroey --
The debate over F53 after fifty years / Mark Blaug --
Final word / Milton Friedman.
Responsibility: edited by Uskali Mäki.
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A team of world-renowned experts cast new light on Milton Friedman's 1953 essay 'The methodology of positive economics'.  Read more...

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'Milton Friedman's 'The Methodology of Positive Economics' was arguably the most important methodological statement in twentieth-century economics. The essay encapsulated what it meant to be truly Read more...

 
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