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Terence Hutchison and Frank Knight: a reappraisal of their 1940-1941 exchange

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  • John Hart

Abstract

The person arguably most responsible for the view of Hutchison as the positivist who introduced positivism into economics was Frank Knight. I argue that Knight in 1940 failed to demonstrate that Hutchison was a positivist, at least in the narrow logical positivist sense of the term. By questioning Knight's charge, I aim to challenge the conventional wisdom that identifies 'Hutchison' with 'positivism'. The paper is then a first step in the argument that positivism, even in 1938, played only an inessential role in a consistent methodological position that Hutchison developed alongside his work in the history of economic thought.

Suggested Citation

  • John Hart, 2010. "Terence Hutchison and Frank Knight: a reappraisal of their 1940-1941 exchange," Journal of Economic Methodology, Taylor & Francis Journals, vol. 17(4), pages 359-373.
    • Handle: RePEc:taf:jecmet:v:17:y:2010:i:4:p:359-373
    DOI: 10.1080/1350178X.2010.525247
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