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Neoclassical Economics as a Method of Scientific Research Program : A review of existing literature

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  • Brahmachari, Deborshi

Abstract

This paper aims at a commentary on the Neoclassical Economics as a Method of Scientific Research Program which argues that many theories in Neo-Classical Economics when tested using Lakatos’ Methodology of Scientific Research Program, were not categorised as 'progressive research program'. This finds that some endogenous growth theories have now been tested by few researcher as progressive in terms of Lakatos’ Scientific Research Program.

Suggested Citation

  • Brahmachari, Deborshi, 2016. "Neoclassical Economics as a Method of Scientific Research Program : A review of existing literature," MPRA Paper 75341, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:75341
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    File URL: https://mpra.ub.uni-muenchen.de/75738/1/MPRA_paper_75341.pdf
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    References listed on IDEAS

    as
    1. Sandra Silva, 2009. "On evolutionary technological change and economic growth: Lakatos as a starting point for appraisal," Journal of Evolutionary Economics, Springer, vol. 19(1), pages 111-135, February.
    2. Hausman, Daniel M, 1989. "Economic Methodology in a Nutshell," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 115-127, Spring.
    3. Boland, Lawrence A, 1979. "A Critique of Friedman's Critics," Journal of Economic Literature, American Economic Association, vol. 17(2), pages 503-522, June.
    4. Hands,D. Wade, 2001. "Reflection without Rules," Cambridge Books, Cambridge University Press, number 9780521797962, June.
    5. Michal Brzezinski & Michal Dzielinski, 2009. "Is endogenous growth theory degenerating? Another look at Lakatosian appraisal of growth theories," Journal of Economic Methodology, Taylor & Francis Journals, vol. 16(3), pages 243-263.
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    Cited by:

    1. Arne HEISE, 2020. "Comparing economic theories or: pluralism in economics and the need for a comparative approach to scientific research programmes," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 13(2), pages 162-184, November.

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    More about this item

    Keywords

    Scientific Research Program; Neo-Classical Economics; evolution of theory; Research Methodology; Research methods.;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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