Kakarot-Handtke, Egmont (2011): Scrap the lot and start again. Published in: real-world economics review , Vol. 56, No. 11 March 2011 (11 March 2011): pp. 15-18.
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Abstract
In the wake of the recent financial crisis heterodox economists have taken up a time-honored refrain and proposed to abandon the axiomatic method. The present paper argues that this proposal is self-defeating
Item Type: | MPRA Paper |
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Original Title: | Scrap the lot and start again |
Language: | English |
Keywords: | Axiomatization, Keynesianism |
Subjects: | E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E12 - Keynes ; Keynesian ; Post-Keynesian E - Macroeconomics and Monetary Economics > E0 - General > E00 - General B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology > B41 - Economic Methodology |
Item ID: | 30281 |
Depositing User: | Egmont Kakarot-Handtke |
Date Deposited: | 23 Apr 2011 21:53 |
Last Modified: | 28 Sep 2019 16:49 |
References: | Allais, Maurice. 1993. Les Fondements Comptables de la Macro-Économique. 2e edition. Paris : Presses Universitaires de France, 1993. Clower, Robert W. 1995. Axiomatics in Economics. Southern Economic Journal. 1995, Vol. 62, 2, pp. 307-319. Coddington, Alan. 1976. Keynesian Economics: The Search for First Principles. Journal of Economic Literature. 1976, Vol. 14, 4, pp. 1258-1273. Georgescu-Roegen, Nicholas. 1971. The Entropy Law and the Economic Process. Cambridge, MA : Cambridge University Press, 1971. Harcourt, Geoffrey. 2010. The Crisis in Mainstream Economics. real-world economic review. 2010, 53, pp. 47-51. Hollander, Samuel. 1977. Adam Smith and the Self-Interest Axiom. Journal of Law and Economics. 1977, Vol. 20, 1, pp. 133-152. Hudson, Michael. 2010. The Use and Abuse of Mathematical Economics. real-world economics review. 2010, 55, pp. 2-22. Keynes, John Maynard. 1973. The General Theory of Employment Interest and Money. The Collected Writings of John Maynard Keynes. London, Basingstoke : Macmillan, 1973. Vol. VII. Kirman, Alan. 2009. Economic Theory and the Crisis. real-world economics review. 2009, 51, pp. 80-83. Laidler, David. 1999. Fabricating the Keynesian Revolution. Cambridge : Cambridge University Press, 1999. Leijonhufvud, Axel. 2009. Out of the Corridor: Keynes and the Crisis. Cambridge Journal of Economics. 2009, Vol. 33, pp. 741-757. Mill, John Stuart. 2006/1843. A System of Logic Ratiocinative and Inductive. Being a Connected View of the Principles of Evidence and the Methods of Scientific Investigation. Collected Works of John Stuart Mill. Indianapolis, IN : Liberty Fund, 2006/1843. Vol. 8. Pålsson Syll, Lars. 2010. What is (Wrong With) Economic Theory? real-world economics review. 2010, Vol. 54, pp. 23-57. Rotheim, Roy J. 1981. Keynes' Monetary Theory of Value (1933). Journal of Post Keynesian Economics. 1981, Vol. 3, 4, pp. 568-585. Stigum, Bernt P. 1991. Toward a Formal Science of Economics: The Axiomatic Method in Economics and Econometrics. Cambridge, MA : MIT Press, 1991. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/30281 |
Available Versions of this Item
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Scrap the lot and start again. (deposited 07 Apr 2011 20:05)
- Scrap the lot and start again. (deposited 23 Apr 2011 21:53) [Currently Displayed]