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The Emergence of the Neoclassical Consumption Function: The Formative Years, 1940–1952

Published online by Cambridge University Press:  11 June 2009

J. Allan Hynes
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Extract

History, if viewed as a repository for more than anecdote or chronology, could produce a decisive transformation in the image of science by which we are now possessed (Kuhn, 1962a, p. 1).

Certain types of experimental findings serve as benchmarks, permanent facts about phenomena which any future theory must accommodate, and which in conjunction with comparable theoretical benchmarks, pretty permanently force us in one direction. … The remarkable fact about recent physical science is that it creates a new, collective, human artifact, by giving full range to three fundamental human interests, speculation, calculation, and experiment. By engaging in collaboration between the three, it enriches each in a way that would be impossible otherwise (Hacking, 1983, p. 248).

Type
Articles
Information
Journal of the History of Economic Thought , Volume 20 , Issue 1 , March 1998 , pp. 25 - 49
Copyright
Copyright © Cambridge University Press 1998

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References

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