AbstractReorienting economics analyses many important issues in the social sciences. This paper focuses on Lawson’s key methodological and epistemological claims concerning the role of mathematics in social theory. Lawson provides several forceful criticisms of the search of mathematical rigour for the mere sake of formalism. Yet his stronger claims on the extremely limited, if nonexistent, scope for formal analysis in the social sciences are less convincing. In general, his purely methodological approach does not provide robust foundations for reorienting economics.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 30448.
Date of creation: 2010
Date of revision:
Mathematical models; causal explanations; open systems; social ontology.;
Find related papers by JEL classification:
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
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- Tony Lawson, 2006. "The nature of heterodox economics," Cambridge Journal of Economics, Oxford University Press, vol. 30(4), pages 483-505, July.
- Amartya Sen, 1999. "The Possibility of Social Choice," American Economic Review, American Economic Association, vol. 89(3), pages 349-378, June.
- Tony Lawson, 2009. "The current economic crisis: its nature and the course of academic economics," Cambridge Journal of Economics, Oxford University Press, vol. 33(4), pages 759-777, July.
- Elster Jon, 2009. "Excessive Ambitions," Capitalism and Society, De Gruyter, vol. 4(2), pages 1-33, October.
- G. Hodgson., 2006. "On the Problem of Formalism in Economics," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
- Sheila Dow, 2004. "Reorienting Economics: Some epistemological issues," Journal of Economic Methodology, Taylor and Francis Journals, vol. 11(3), pages 307-312.
- Schelling, Thomas C, 1969. "Models of Segregation," American Economic Review, American Economic Association, vol. 59(2), pages 488-93, May.
- Peter Skott, 2012. "Pluralism, the Lucas critique, and the integration of macro and micro," UMASS Amherst Economics Working Papers 2012-04, University of Massachusetts Amherst, Department of Economics.
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