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Book synopsis

This book offers a comprehensive overview of the structure, strategy and methods of assessment of orthodox theoretical economics. In Part I Professor Hausman explains how economists theorise, emphasising the essential underlying commitment of economists to a vision of economics as a separate science. In Part II he defends the view that the basic axioms of economics are 'inexact' since they deal only with the 'major' causes; unlike most writers on economic methodology, the author argues that it is the rules that economists espouse rather than their practice that is at fault. Part III links the conception of economics as a separate science to the fact that economic theories offer reasons and justifications for human actions, not just their causes. With its lengthy appendix introducing relevant issues in philosophy of science, this book is a major addition to philosophy of economics and of social science.

Book details

Book category Books in English Economics, finance, business & management Economics Economic theory & philosophy

• Full title: Inexact and Separate Science of Economics
• Author: Daniel M. Hausman
• Language: English
• Binding: Hardback
• Number of pages: 388
• EAN: 9780521415019
• ISBN: 0521415012
• ID: 02030097
• Publisher: Cambridge University Press
• Weight: 656 g
• Dimensions: 236 × 156 × 25 mm
• Date of publishing: 31. January 1992

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