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Comment On D. Wade Hands, “Karl Popper and Economic Methodology: A New Look”

Published online by Cambridge University Press:  05 December 2008

Mark Blaug
Mark Blaug
Affiliation:
University of London and University of Buckingham
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Extract

The central argument of this interesting paper is that Popper appears to be inconsistent: on the one hand, he preaches methodological monism-scientific method in the social sciences is identical to scientific method in the natural sciences-and on the other hand he advocates “situational analysis” as the unique method of the social sciences. Situational analysis is nothing but our old neoclassical friend, the rationality principle-individual maximizing behavior subject to constraints-and thus, Popper seems to be saying, neoclassical economics is the only valid kind of social science.

Type
Discussions
Information
Economics & Philosophy , Volume 1 , Issue 2 , October 1985 , pp. 286 - 288
Copyright
Copyright © Cambridge University Press 1985

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