Did F. A. Hayek Embrace Popperian Falsificationism? A Critical Comment About Certain Theses of Popper, Duhem and Austrian Methodology
AbstractHayek´s methodological outlook at the time he engaged in business cycle research was actually closer to praxeological apriorism than to Popperian falsificationism. A consideration of the Duhem thesis highlights the fact that even from a mainstream methodological perspective falsificationism is more problematic than is often realized. Even if the praxeological and mainstream lines of argumentation reject the Popperian emphasis on falsification for different reasons and from a different background, the prospects for falsificationism in economic methodology seem rather bleak.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 6067.
Date of creation: 2007
Date of revision:
Publication status: Published in Procesos de Mercado - Revista Europea de Economía Política Primavera.IV Núm(2007): pp. 57-78
General methodology; falsificationism; Popper; Hayek; Duhem; Duhemian Argument; Testing of Theories; Meaning and Interpretation of Econometric Results; Correlation and Causality;
Find related papers by JEL classification:
- E0 - Macroeconomics and Monetary Economics - - General
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-12-08 (All new papers)
- NEP-HPE-2007-12-08 (History & Philosophy of Economics)
- NEP-MAC-2007-12-08 (Macroeconomics)
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