A team of world-renowned experts cast new light on Milton Friedman's 1953 essay 'The methodology of positive economics'.
Inhaltsverzeichnis
List of figures; List of tables; List of contributors; Preface; Part I. The Classical Essay in 20th Century Economic Methodology: The methodology of positive economics (1953) Milton Friedman; Part II. Reading and Writing a Classic: 1. Reading the methodological essay in twentieth century economics: map of multiple perspectives Uskali Mäki; 2. Early drafts of Friedman's methodology essay J. Daniel Hammond; 3. Unrealistic assumptions and unnecessary confusions: rereading and rewriting F53 as a realist statement Uskali Mäki; Part III. Models, Assumptions, Predictions, Evidence: 4. The influence of Friedman's methodological essay on economics Tom Mayer; 5. Did Milton Friedman's methodology license the formalist revolution? D. Wade Hands; 6. Appraisal of evidence in economic methodology Melvin Reder; 7. The politics of positivism: disinterested predictions from interested agents David Teira Serrano and Jesús Zamora Bonilla; Part IV. Theoretical Context: Firm, Money, Expected Utility, Walras and Marshall: 8. Friedman's 1953 essay and the marginalist controversy Roger Backhouse; 9. Friedman (1953) in relation to theories of the firm Oliver Williamson; 10. Friedman's selection argument revisited Jack Vromen; 11. Expected utility and Friedman's risky methodology Chris Starmer; 12. Friedman's methodological stance: causal realism Kevin D. Hoover; 13. On the right side for the wrong reason: Friedman on the Marshall-Walras divide Michel De Vroey; Part V. Concluding Perspectives: 14. The debate over F53 after 50 years Mark Blaug; 15. Final word Milton Friedman; References; Index.