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Named Person: | Milton Friedman; Milton Friedman; Milton Friedman |
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Material Type: | Internet resource |
Document Type: | Book, Internet Resource |
All Authors / Contributors: |
Uskali Mäki |
ISBN: | 0521867010 9780521867016 0521686865 9780521686860 0511538219 9780511538216 |
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. |
More information: |
Abstract:
Reviews
Publisher Synopsis
'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 scientific in an age and a profession that took 'being truly scientific' very seriously. In celebration of the fiftieth anniversary of its publication, Uskali Maki has assembled an impressive array of scholars to explore the essay from a wide variety of perspectives. He has done a superb job: the papers are uniformly substantive and informative. The volume is a fitting golden anniversary present to the profession.' Bruce Caldwell, University of North Carolina, Greensboro 'If economic methodologists had a bible, Friedman's 'The Methodology of Positive Economics' would be it. If economic methodologists had a Talmudic study of its bible, this book would be it. The book is insightful, thoughtful, and thought provoking. Who would have thought that after fifty years, there is still so much to say about Friedman's methodological essay? The book is necessary reading for anyone studying formal economic methodology.' David Colander, Middlebury College, Vermont Read more...

