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Unrealistic Assumptions and Unnecessary Confusions: Rereading and Rewriting F53?


  • Uskali Mäki

    () (Erasmus Institute for Philosophy and Economics, Erasmus University of Rotterdam)


It is argued that rather than a well defined F-Twist, Milton Friedman’s “Methodology of positive economics” offers an F-Mix: a pool of ambiguous and inconsistent ingredients that can be used for putting together a number of different methodological positions. This concerns issues such as the very concept of being unrealistic, the goal of predictive tests, the as-if formulation of theories, explanatory unification, social construction, and more. Both friends and foes of Friedman’s essay have ignored its open-ended unclarities. Their removal may help create new common ground for more focused debate in economics.

Suggested Citation

  • Uskali Mäki, 2004. "Unrealistic Assumptions and Unnecessary Confusions: Rereading and Rewriting F53?," CAE Working Papers 15, Aix-Marseille Université, CERGAM.
  • Handle: RePEc:cgm:wpaper:15

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    References listed on IDEAS

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    7. Buenstorf, Guido, 2005. "Sequential production, modularity and technological change," Structural Change and Economic Dynamics, Elsevier, vol. 16(2), pages 221-241, June.
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