Wissenschaftlicher Fortschritt in den Wirtschaftswissenschaften: Einige Bemerkungen
Abstract
First, the points of view of economists regarding falsificationism, scientific revolutions and scientific research programmes are discussed. Next, hardly debatable scientific progress regarding empirical economic research in recent decades is described. Then it is asked whether there have been scientific revolutions with respect to economic theory or the basic methodology of the economic approach. Taking this term seriously, there have been at best two revolutions since the time of ADAM SMITH. Today, economists share a common paradigm, which also builds the hard core of their scientific research programme. But while this hard core is hardly questioned, the safety belt is discussed the more. Nevertheless, most today’s economic research can be considered as being ‘normal science’. Even if this kind of research is not without problems, there is no reason to assess it as being of secondary value.Download Info
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Paper provided by Center for Research in Economics, Management and the Arts (CREMA) in its series CREMA Working Paper Series with number 2011-09.Length:
Date of creation: Apr 2011
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Handle: RePEc:cra:wpaper:2011-09
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Keywords: Paradigm; normal science; methodology of scientific research programmes; empirical economic research;Other versions of this item:
- Kirchgässner, Gebhard, 2011. "Wissenschaftlicher Fortschritt in den Wirtschaftswissenschaften: Einige Bemerkungen," Economics Working Paper Series 1116, University of St. Gallen, School of Economics and Political Science.
- B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-23 (All new papers)
- NEP-GER-2011-04-23 (German Papers)
- NEP-HME-2011-04-23 (Heterodox Microeconomics)
- NEP-HPE-2011-04-23 (History & Philosophy of Economics)
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