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On closure in economics

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  • Stephen John Nash

Abstract

While attempting to avoid closure, it can be argued that two of the analytical techniques employed by Lawson (1997) strongly imply closure. First, while ostensibly directed at liberating analysis from all forms of closure, the demi-reg is shown to effectively rely on implied closure. Second, when the use of control groups is compared to Maki's method of isolation, it can be shown that Lawson implies substantially similar closure to that which is proposed by Maki. Such implied forms of closure generally indicate that the complete exclusion of closure remains somewhat problematic. Accordingly, it is suggested that Lawson's effective prohibition on closure might be moderated by adopting the judicious and careful use of closure, within the context of an open system.

Suggested Citation

  • Stephen John Nash, 2004. "On closure in economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(1), pages 75-89.
    • Handle: RePEc:taf:jecmet:v:11:y:2004:i:1:p:75-89
    DOI: 10.1080/1350178042000178012
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    Cited by:

    1. Sheila C. Dow & Victoria Chick, 2012. "The Meaning of Open Systems," Palgrave Macmillan Books, in: Foundations for New Economic Thinking, chapter 11, pages 178-196, Palgrave Macmillan.

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