Revisiting Friedman’s “On the methodology of positive economics” (“F53”) [PDF]
In this paper, I shall defend two main claims. First, Friedman’s famous paper “On the methodology of positive economics” (“F53”) cannot be properly understood without taking into account the influence of three authors who are neither cited nor mentioned ...
Paul Hoyningen‐Huene
core +5 more sources
A new definition of and role for preferences in positive economics [PDF]
Positive economic models aim to provide truthful explanations of significant (aspects of) economic phenomena. While the notion of ‘preferences’ figures prominently in micro-economic models, it suffers from a remarkable lack of conceptual clarity and ...
Bart Engelen
openalex +2 more sources
The second fundamental theorem of positive economics [PDF]
Welfare Economics is fortunate that there are two Fundamental Theorems of Welfare Economics. Positive Economics on the other hand is seemingly endowed with none.
Anjan Mukherji
openalex +2 more sources
‘The methodology of positive economics’ (1953) does not give usthemethodology of positive economics [PDF]
Uskali Mäki
openalex +2 more sources
The New Economics of Industrial Policy
We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work. This literature is a significant improvement over the earlier generation of empirical work, which was largely ...
R. Juhász, Nathaniel Lane, D. Rodrik
semanticscholar +1 more source
Economics as a Discipline of Instrumental Reason. Looking at Economics as a Science from the Perspective of the Frankfurt School of Philosophy [PDF]
The article is built around the analysis of The critique of instrumental reason by Horkheimer, applied to issues connected with the philosophy of economics.
Komusińska, Jagoda
core +1 more source
‘Economics with training wheels’: Using blogs in teaching and assessing introductory economics [PDF]
Blogs provide a dynamic interactive medium for online discussion, consistent with communal constructivist pedagogy. This paper explores the use of blogs in the teaching and assessment of a small (40-60 students) introductory economics paper.
Cameron, Michael Patrick
core +3 more sources
Apriorist self-interest: How it embraces altruism and is not vacuous [PDF]
This essay is part of an attempt to reconcile two extreme views in economics: the (neglected) subjective, apriorist approach and the (standard) objective, scientific (i.e., falsifiable) approach.
Lester, J. C.
core +1 more source
Toward Choice-Theoretic Foundations for Behavioral Welfare Economics [PDF]
Interest in behavioral economics has grown in recent years, stimulated largely by accumulating evidence that the standard model of consumer decision making provides an inadequate, positive description of human behavior. Behavioral models are increasingly
Bernheim, B. Douglas, Rangel, Antonio
core +1 more source
FDI, Education, and Economic Growth: Quality Matters! [PDF]
In this paper, we revisit the results from the influential study by Borensztein et al. (Journal of International Economics 45:115–135, 1998), which argues that inward foreign direct investment (FDI) promotes the economic growth in a less developed host ...
Wang, Miao, Wong, M. C. Sunny
core +1 more source