A Realist Philosophy Of Economics

C2023-0-02665-2

This book provides the first comprehensive and critical examination of Mäki’s realist philosophy of economics.

'No reality please. We're economists'. There is a wide spread belief that modern economics is irrelevant to the understanding of the real world. In a controversial and original study, Tony Lawson argues that the root of this irrelevance is in the failure of economists to find methods and tools which are appropriate for the social world it addresses

Boylan and O'Gorman inject a fresh empiricist voice into the recent debates in economic methodology.... praise the book for its careful scholarship, its intellectual novelty and its familiarity with existing methodological literature." D. Wade Hands, University of Puget Sound, USA

This volume extends its insights into the fields of economic methodology and economic theory in such a way as to open up new forms of investigation in economics and transform the nature of economic reasoning.

EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Economic theory relies heavily on the idea of rational action, but how are we to understand the empirical content of rational choice when we can only observe the outcome, not what goes into making the choice? With contributions from Alan Kirman and Rod O'Donnell, Karl Mittermaier's posthumously published work establishes a new conceptual framework that will enable economic theorists to forge new paths of empirical analysis. Introducing readers to the work of a profound thinker who was not recognized in his lifetime, this book, featuring previously unpublished material, is poised to become a seminal text in the philosophy of social sciences.

This book provides the first comprehensive and critical examination of Mäki's realist philosophy of economics.