The Methodology of Positive Economics
GPTKB entity
Statements (24)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
essay
|
| gptkbp:author |
gptkb:Milton_Friedman
|
| gptkbp:citation |
numerous economics textbooks
|
| gptkbp:countryOfOrigin |
gptkb:United_States
|
| gptkbp:criticizedFor |
gptkb:Uskali_Mäki
gptkb:Joan_Robinson gptkb:Paul_Samuelson |
| gptkbp:hasSection |
Assumptions in economic theory
Positive vs. normative economics Testing economic hypotheses The role of prediction in economics |
| https://www.w3.org/2000/01/rdf-schema#label |
The Methodology of Positive Economics
|
| gptkbp:influenced |
philosophy of economics
economic methodology debate |
| gptkbp:language |
English
|
| gptkbp:mainArgument |
economic theories should be judged by predictive accuracy
|
| gptkbp:notableQuote |
Truly important and significant hypotheses will be found to have assumptions that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the theory, the more unrealistic the assumptions.
|
| gptkbp:publicationYear |
1953
|
| gptkbp:publishedIn |
gptkb:Essays_in_Positive_Economics
|
| gptkbp:publisher |
gptkb:University_of_Chicago_Press
|
| gptkbp:topic |
economic methodology
|
| gptkbp:bfsParent |
gptkb:Economic_Philosophy
gptkb:Essays_in_Positive_Economics |
| gptkbp:bfsLayer |
6
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