Index
Including a Symposium on Bruce Caldwell’s
ISBN: 978-1-78756-126-7, eISBN: 978-1-78756-125-0
ISSN: 0743-4154
Publication date: 14 June 2018
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Citation
(2018), "Index", Including a Symposium on Bruce Caldwell’s
Publisher
:Emerald Publishing Limited
Copyright © 2018 Emerald Publishing Limited
INDEX
Abstraction
, 40, 46, 64–65, 134–135, 147, 148
Abstract theoretical analysis
, 147–148
Accumulation of knowledge
, 137, 141, 144
Adding-up theorem
, 160–169
See also Overhead costs
Advances in behavioural economics (Camerer)
, 111
Alexandrova, Anna
, 34, 96, 97, 99
American Economic Association
, 74, 136, 146
American Economic Review
, 58
Angner, E.
, 110
Antitrust policy
, 130
Arrow-Debreu model
, 99
Association of American Law Schools
, 146
Assumptions, modelling
, 97–98
Austrian economics
, 13
Austrian economists
, 59–60, 61–71
Aydinonat, N. E.
, 100
Behavioural economics
, 110–115
libertarian paternalism
, 114–115
neoclassical economics vs.
, 112–113
neuroeconomics
, 111–112
normative implications
, 113
phases in development of
, 110
proponents of
, 110
welfare
, 113–114
Berg, N.
, 113
Bernstein, Richard
, 71
Bertrand, Élodie
, 128, 135, 144
Beyond Positivism (Caldwell)
, 3–7, 13–17, 19–21
as antinaturalist
, 11
as countercultural methodology
, 13
great contributions of
, 59
as meta-naturalistic
, 11
naturalism
, 11–12
past, present and future
, 72–74
Biology and Philosophy
, 112
Blackboard economics
, 134
Blaug, Mark
, 5, 10, 12, 38, 84–86, 110
“Blaug’s Economic Methodology” (Hands)
, 85
Boettke, Peter
, 88, 128–129
Boland, Larry
, 10, 84
Bruni, R.
, 110
Buchanan, James
, 73
Caldwell, Bruce
, 3–7, 10–17
critics/criticism
, 13–14
deductivism
, 22–34
dogmatism
, 13, 14, 15–16
nondogmatic critique
, 14
positivism
, 21–22
See also Beyond Positivism (Caldwell)
Cambridge University Press
, 69, 84
Camerer, C. F.
, 110
Candela, Rosolino
, 129
Capitalism
, 69
Cartwright, N. D.
, 108–109
Causation/causal inference
, 100–109
design-based approach
, 103–105
evidence-based approach
, 107–109
metaphysics of
, 100
ontological nature
, 100
probabilistic account of
, 108–109
questions
, 100
theory-based approaches to
, 101–103
Central economic planning
, 70
Chamberlin, Edward
, 130
Chicago Price Theory
, 129
Choice architectures
, 115
Clark, John Maurice
, 160–169
correspondence between Knight and
, 173–179
letter from Wicksteed
, 160
letter to Samuelson
, 160
Clarke, C.
, 111–112
Claveau, F.
, 106
Coase, Ronald
, 65, 128, 129
on abstraction and instrumentalism
, 134–135
econometric studies and
, 135
economics as a primitive science
, 136
on economic theories of utility and firm
, 135–136
on empirical studies
, 135
“The Federal Communications Commission”
, 143–144
McKean on
, 146–147
“The Problem of Social Cost”
, 130, 129, 142, 143, 144
on theory
, 134–135
Coase theorem
, 128, 144–145
Dorfman on
, 147
Gilmore on
, 147–148
McKean on
, 146–147
Stigler’s defence
, 148–149
zero transaction costs
, 145, 146, 147, 148
Coko, K.
, 106
Commons, John R.
, 167
Communism
, 69
Competition
, 130
Constitutive explanations
, 112
Counter-Revolution of Science (Hayek)
, 70
Cowles Commission approach
, 101
Credible constructions
, 96
“A Critique of Friedman’s Critics” (Boland)
, 84
Deductivism
, 21
acceptance of
, 26–34
mathematical modelling
, 29–31
modern economics
, 27
predictive success
, 31–32
problems with
, 22–26
responses to crisis
, 27–28
Derivational robustness analysis. See Robustness analysis
Design-based econometric analysis
, 103–105
Dillard, Dudley
, 84
Director, Aaron
, 130
Discipline
autonomy
, 141
primitive
, 133–134
Stigler on
, 141
Dogmatism
, 13, 14, 15–16
Dorfman, Joseph
, 160
Dorfman, Robert
, 147
Econometrics
, 135
causal interpretation of
, 102
Cowles Commission approach
, 101
design-based
, 103–105
error-statistical view
, 103
Hoover’s structural approach
, 103
with or without theory
, 101–103
vector autoregression (VAR)
, 101–102
Economic calculation
, 63–64
Economic methodology
, 10–11
Economic models
, 40
explanatory idealized models
, 40–42
See also Modelling, in economics
Economics
behavioural
, 109–115
biology and
, 136
causal inference and evidence in
, 100–109
Coase on
, 136
explanation in
, 99–100
law of gravity compared with
, 147
modelling in
, 95–100
modern
, 27
New Classical
, 58
originality and
, 137
Economics and Philosophy
, 112
Economists
Austrian
, 59–60, 61–71
modal
, 59
model-and-measure method
, 58
New Classical
, 58
Edgeworth, Francis
, 165
Elliott-Graves, A.
, 49–50
Empirical work/studies
, 129, 130, 138, 139
Empiricism
, 70
Environmental theory
, 138, 142
Epistemological Problems of Economics (von Mises)
, 70
Error-statistical approach to empirical induction
, 103
Event prediction
, 31–32
See also Prediction; predictive success
Event regularities
, 25–26
Evidence-based economics
, 107–109
Explanation, in economics
, 99–100
hypothetical pattern
, 41, 42–43
idealized models
, 40–42
Explanation of the principle
, 47–51
Explanation paradox
, 41, 99
Explanatory
, 40–42
External validity
, 109
Falsehood
, 98
Falsificationism
, 61
“The Federal Communications Commission” (Coase)
, 141–144
Feyerabend, Paul
, 11
Firms
Coase on
, 135
economic theories of
, 135
Formalism
, 70
The Foundation of Economic Method (Boland)
, 10
Fowler, R. F.
, 135
Free Market Study project
, 130
Friedman, Milton
, 11, 59, 86, 95
Caldwell’s criticisms of
, 23
on monopolistic competition
, 130
predictive success
, 22–24
Fumagalli, R.
, 96, 112
Gadamer, Hans Georg
, 71
General statements
, 137
George Mason University
, 88
Ghiselin, Michael
, 136
Gibbard, A.
, 95
Giere, R. N.
, 95–96
Gigerenzer, G.
, 113
Gilmore, Grant
, 147–148
Graduate school
, 82
Gravitational forces
, 26
Grüne-Yanoff, T.
, 96
Haavelmo, T.
, 101
Hahn, Frank
, 58
Hands, Wade
, 85
Hanson, Norwood Russell
, 4
Harrison, G. W.
, 111
Hausman, D. M.
, 95, 99
Hayek, F. A.
, 3, 66–68, 87–88
Counter-Revolution of Science
, 70
explanation of the principle
, 47–51
on natural sciences
, 68
on prediction
, 48–51
Prices and Production
, 66
on scientism
, 67–68
“Scientism and the Study of Society” (Hayek)
, 87
on social scientists
, 87
“The Theory of Complex Phenomena”
, 70
“The Trend of Economic Thinking”
, 68
Hayek’s Challenge (Caldwell)
, 88
Heilmann, C.
, 115
Hermeneutics
, 71
Herrmann-Pillath, Carsten
, 112
Heukelom, F.
, 110
History of Economics Society
, 86
Hoover, Kevin
, 5, 86
History of Economics Society
, 86
structural approach
, 103
How Economists Explain (Blaug)
, 84
Human Action (von Mises)
, 65
Hutchinson, Terrence
, 59
Hypothetical pattern explanations
, 41, 42–43
economic example
, 44–46
Idealized models
, 40–42
explanation in
, 40–42
mathematics in
, 41
Incentives
, 64
INET. See Institute for New Economic Thinking (INET)
Institute for New Economic Thinking (INET)
, 27–28
Institutionalism
, 167–168
Institutionalist modellers
, 28–30
Intellectual tolerance
, 14
“Invisible Hand” (Smith)
, 58
Isolationist view of modelling
, 96
Journal of Economic Issues
, 83
Journal of Economic Literature
, 58, 84, 104
Journal of Economic Methodology
, 33, 112
Journal of Economic Perspectives
, 58, 104
Journal of Law and Economics
, 128, 141
Journal of Political Economy
, 161, 166
Judgment
, 13
Keynes, J. M.
, 28–30
Keynes, John Neville
, 11, 28–30
Kings College Cambridge
, 27
Kirzner, Israel
, 69
Knight, Frank H.
, 65, 129, 160–169
correspondence between Clark and
, 175–179
Knuuttila, T.
, 96
Kuhn, Thomas S.
, 4, 11
Kuorikoski, J.
, 97
Lachmann, Ludwig
, 69
Lakatos, Imre
, 38
Lakatos, Imré
, 11
Lange, Oskar
, 64, 65, 70
Lavoie, Don
, 69–71, 88
Law and economics
, 130, 139–140
Law of gravity compared with economics
, 147
Law School at the University of Chicago
, 130, 139
Lawson, Tony
, 5, 86, 87
Lehtinen, A.
, 97, 106
Libertarian paternalism
, 114–115
Lighthouses, Coase’s analyses of
, 135
Localism
, 39
Loewenstein, G.
, 110
Logical positivism
, 24
London School of Economics
, 131
Mainstream
, 21, 26, 29, 34
Mäki, U.
, 95, 96
Malecka, M.
, 110, 114
Maoism
, 5
Mao Zedong
, 12
Marcellesi, A.
, 109
Marchionni, C.
, 97
Marginal product
, 164–165
Marginal productivity theory of distribution
, 160
Marginal utility theory
, 62
Markets
, 128
price theory
, 129
Marshall, A.
, 11
Marx, K.
, 69
Mathematical model/modelling
, 20–21, 25, 99
deductivist
, 29–31
idealized
, 41
Matthewson, John
, 49
McKean, Roland
, 146–147
McQuillin, B.
, 114
Medema, Steven
, 128, 142, 149
Menger, Carl
, 59, 62
Meta-naturalism
, 12
The Methodology of Economics (Blaug)
, 10
Microeconomic theory of industrial fluctuations
, 62
Mill, John Stuart
, 11, 95
Minimalist idealization
, 41–42
Minimal models
, 96
Modelling, in economics
, 95–100
assumptions
, 97–98
credible constructions
, 96
explanation and
, 98–100
isolationist view
, 96
philosophical research
, 95
robustness analysis
, 97–98
Modern economics
, 27
Monetarist moment
, 58
Monetary economics
, 62
Money
, 62
Monopolistic Competition and General Equilibrium Theory (Triffin)
, 130, 131
Monopoly
, 130
Morgan, Mary
, 33
Musgrave, A.
, 95
Nagatsu, M.
, 110, 112, 113
Nation, State and Economy (Mises)
, 62–63
National Committee to Study the Antitrust Law
, 139–140
Naturalism
, 11–12, 39
meta-naturalism
, 12
Natural science. See Science
“The Nature of the Firm” (Coase)
, 135
Neoclassical economics vs. behavioural economics
, 112–113
Neuroeconomics
, 111–112
New Classical economists
, 58
New York University (NYU)
, 85
Nondogmatic critique
, 14
Northcott, Robert
, 34
“A Note on Professor Clark’s Illustration of Marginal Productivity” (Knight)
, 161
Nudging
, 115
Odenbaugh, J.
, 97
Originality
, 137
Osman, M.
, 115
Overhead costs
, 164–168
as a case of increasing returns
, 166
defined
, 164
Pareto, Vilfredo
, 83, 160
Patterns of Discovery (Hanson)
, 4
Peirce, Charles S.
, 15, 16
Perfect competition
, 136–137
assumption
, 145–146
being unrealistic
, 145
criticism of
, 136–137
pure competition vs.
, 145
transaction costs under
, 145
Personal Knowledge (Polanyi)
, 71
Pfouts, Bill
, 83
Pheby, John
, 87
Philosophy of science
, 10, 39
Philosophy of the Social Sciences
, 85
Pigou, A. C.
, 143
Pluralism
, 12, 14, 24–25, 60–61
Polanyi, Michael
, 61, 71
Policy
evidence for
, 107–109
modern economics
, 27
Policy interventions
, 115
Popper, Karl
, 24, 38
Positivism
, 20–22
Praxeology
, 59
Prediction
, 31–32, 47–51
Predictive success
, 23
deductivism
, 31–32
Pre-eminence of theory (PET) perspective
, 103
Prices and Production (Hayek)
, 66
Price theory
, 129
Primitive discipline
, 133–134
“The Problem of Economic Calculation in the Socialist Commonwealth”
, 65
“The Problem of Social Cost” (Coase)
, 128, 129, 142, 143, 144
Prychitko, Dave
, 88
Public policy
, 128
Public utilities
Coase’s analyses of
, 135
Quasi-experimental approach
, 104
Rabin, M.
, 110
Randomised controlled trials (RCT)
, 107–109
Rational choice theory
, 109
RCT. See Randomised controlled trials (RCT)
Reference model
, 133
Reiss, Julien
, 33, 41, 99, 101, 105, 108
Republic of Science (Polanyi)
, 61, 71
Research in the History of Economic Thought and Methodology
, 84
Review of Political Economy
, 87
Rice, C.
, 42–43, 46, 48–49, 50–51
Risk, Uncertainty and Profit (Knight)
, 65, 161, 166
Rivalry and Central Planning (Lavoie)
, 69
Robbins, Lionel
, 38
Robustness analysis
, 97–98
Rohwer, Y.
, 42–43, 46, 48–49, 50–51
Russo, F.
, 105–106
Russo-Williamson thesis
, 106
Samuels, Warren
, 83–84
Samuelson, Paul
, 12, 16, 58, 59, 72, 74, 83, 160
Scheall, Scott
, 82
Schickore, J.
, 106
Schumpeter, Joseph
, 62
Science
accumulation of knowledge
, 137, 141, 144
deductivist conception of. See Deductivism
event regularities
, 25–26
Hayek’s thought on
, 67–68
inquiry in
, 68
maturity of
, 133
reference model
, 133
Scientific models
, 39–40
Scientism, Hayek’s critique of
, 67–68
“Scientism and the Study of Society” (Hayek)
, 87
Sent, Esther-Mirjam
, 110
Simons, Henry
, 129, 130
Sims, C. A.
, 101–102
Smith, Adam
, 11, 46, 58
Socialism
, 61–71
central economic planning
, 63, 70
concept
, 63
economic calculation under
, 63–64
Hayek and
, 66–68
Lavoie and
, 69–71
static equilibrium model
, 70
von Mises on
, 63–66
Social overheard cost
, 168
Social sciences
, 67
inquiry in
, 68
Social-scientific inquiry
, 71
Social scientists
, 87
“Some Fallacies in the Interpretation of Social Cost” (Knight)
, 166
Soros, George
, 27–28
South African Journal of Economics
, 83–84
Southern Economic Association
, 84
Southern Economic Journal
, 84
South Royalton conference in 1974
, 71
Spanos, Aris
, 103
Static equilibrium models
, 70
Stein, Solomon
, 88
Stigler, George
, 128–129
on antitrust
, 139–141
Chamberlin’s criticism
, 130–131
on discipline
, 141
on empirical work
, 138, 139
on legal scholars
, 139
letter to Friedman
, 132–133
on originality
, 137–138
on scientific progress
, 137–138
Theory of Price
, 128, 130
on Triffin’s work
, 131
See also Coase theorem
Stiglitz, Joseph
, 28
Storr, Virgil
, 88
Structural vector autoregressions (SVARs)
, 102
Structure of Scientific Revolutions (Kuhn)
, 4
Studies in the Economics of Overhead Costs (Clark)
, 161, 164
Substantial assumptions
, 97
Sugden, R.
, 114
SVAR. See Structural vector autoregressions (SVAR)
Swann, G. M. P.
, 108
Tarascio, Vincent
, 83
Taylor, Fred
, 64, 65, 70
Theory
, 131
Chamberlin’s views on
, 131, 132
modern economics
, 27
realism and
, 131
Triffin’s views on
, 131, 132
“The Theory of Complex Phenomena” (Hayek)
, 68
The Theory of Money and Credit (Mises)
, 62
Theory of Price (Stigler)
, 128
critical review
, 130
Transaction costs
, 128
under perfect competition
, 145
“The Trend of Economic Thinking” (Hayek)
, 66
Triffin, Robert
, 130
Truth and Method (Gadamer)
, 71
Union for Radical Political Economy (URPE)
, 83
University of Chicago
, 160
University of North Carolina (UNC)
, 82
URPE. See Union for Radical Political Economy (URPE)
Utility theory
, 130, 133, 134
VAR. See Vector autoregression (VAR)
Varian, H. R.
, 95
Veblen, T.
, 28–30
Vector autoregression (VAR)
, 101–102
Verreault-Julien, P.
, 99–100
Vienna Circle
, 87
Viner, Jacob
, 129
Von Mises, Ludwig
, 13, 59, 62–66, 69–71
Vromen, J.
, 111–112
WEA. See World Economics Association (WEA)
Welch, Joseph Nye
, 86
Welfare economics
, 113–114
See also Behavioural economics
Whitehead, A. N.
, 24
Wicksteed, Philip
letter to Clark
, 160
Pareto’s influence on
, 160
“Wicksteed’s Recantation of the Marginal Productivity Theory” (Dorfman)
, 160
Williamson, J.
, 106
Wimsatt, W. C.
, 97, 99
World Economics Association (WEA)
, 31
Ylikoski, P.
, 100
YouTube
, 27
Zeitgeist
, 13
Zero transaction costs
, 145, 146, 147, 148
- Prelims
- Part I A Symposium on Bruce Caldwell’s Beyond Positivism After 35 Years
- Introduction to a Symposium on Bruce Caldwell’s Beyond Positivism after 35 Years
- A Countercultural Methodology: Caldwell’s Beyond Positivism at Thirty-Five
- Beyond Deductivism
- Hypothetical Pattern Explanations in Economic Science: Hayek’s Explanation of the Principle and Pattern Prediction Meets Contemporary Philosophy of Science
- Why Methodology Matters: Reflections on Bruce Caldwell’s Beyond Positivism
- Reflecting on Beyond Positivism at Thirty-Five
- Part II Essays
- Recent Trends in Economic Methodology: A Literature Review
- Why Is “Stigler’s Coase Theorem” Stiglerian? A Methodological Explanation
- Part III From the Vault
- John M. Clark and Frank H. Knight on the Adding-Up Theorem, Overhead Costs, and More
- Index