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Is Macroeconomics a Science?

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Author Info
Barnett, William A.

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Abstract

This paper was written as the first draft of the invited Foreword for the book, Money and the Economy, by Apostolos Serletis. The paper provides a critical view of those areas in which methodology in economics deviates from that in the physical sciences, provides examples and illustrations of those deviations, and emphasizes those areas of and approaches to economic research that most closely correspond with the nature of research in the physical sciences.

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File URL: http://mpra.ub.uni-muenchen.de/415/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 415.

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Date of creation: 30 Jan 2006
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Handle: RePEc:pra:mprapa:415

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Related research
Keywords: science social science politics Federal Reserve monetary policy

Find related papers by JEL classification:
B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
C00 - Mathematical and Quantitative Methods - - General - - - General
B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
A10 - General Economics and Teaching - - General Economics - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. William Barnett, 2005. "Monetary Aggregation," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200510, University of Kansas, Department of Economics, revised Mar 2005. [Downloadable!]
    Other versions:
  2. William A. Barnett & Paul A. Samuelson & E. Roy Weintraub, 2005. "Inside the Economist's Mind: The History of Modern Economic Thought, as Explained by Those Who Produced It," Method and Hist of Econ Thought 0511002, EconWPA. [Downloadable!]
    Other versions:
  3. William A. Barnett & Barry E. Jones & Milka Kirova & Travis Nesmith & Meenakshi Pasupathy, 2004. "The Nonlinear Skeletons in the Closet," Econometrics 0405003, EconWPA. [Downloadable!]
    Other versions:
  4. William A. Barnett & Jane Binner & W. Erwin Diewert, 2005. "Functional Structure and Approximation in Econometrics (book front matter)," Econometrics 0511006, EconWPA. [Downloadable!]
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