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Finance and science

In: The Pillars of Finance

Author

Listed:
  • Guy Fraser-Sampson

    (Cass Business School)

Abstract

In examining the relationship between science and finance it would be helpful if we could first answer the question ‘what is science?’, since until we can do this we have no real frame of reference. Fortunately we have a lot of help here from one of the greatest modern philosophers, Karl Popper, who did his early work in the intellectual hot-bed of Vienna between the two World Wars. In his book The Logic of Scientific Discovery 1 published originally in German in 1934, he addressed this very question. What is ‘science’? What makes one approach or area of study ‘scientific’, and another not?

Suggested Citation

  • Guy Fraser-Sampson, 2014. "Finance and science," Palgrave Macmillan Books, in: The Pillars of Finance, chapter 0, pages 178-191, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-26406-0_13
    DOI: 10.1057/9781137264060_13
    as

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