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Back to the Big Picture

Northcott, Robert and Alexandrova, Anna and Wright, Jack (2021) Back to the Big Picture. [Preprint]

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Abstract

We distinguish between two different strategies in methodology of economics. The big picture strategy, dominant in the twentieth century, ascribed to economics a unified method and evaluated this method against a single criterion of ‘science’. In the last thirty years a second strategy gained prominence: fine-grained studies of how some specific technique common in economics can achieve one or more epistemic goal. We argue that recent developments in philosophy of science and in economics warrant a return to big-picture – but now reinvented. It should focus on a new question, already intensely debated within the profession: is the organization of economics healthy and appropriate?


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Item Type: Preprint
Creators:
CreatorsEmailORCID
Northcott, Robertr.northcott@bbk.ac.uk0000-0001-8791-8364
Alexandrova, Annaaa686@cam.ac.uk
Wright, Jack0000-0001-6003-4251
Additional Information: forthcoming in Journal of Economic Methodology
Keywords: empirical turn, social organization of science, philosophy of economics, rational choice model, hierarchy
Subjects: Specific Sciences > Economics
General Issues > Models and Idealization
General Issues > Social Epistemology of Science
Depositing User: Dr Robert Northcott
Date Deposited: 17 Jul 2021 03:43
Last Modified: 17 Jul 2021 03:43
Item ID: 19320
Subjects: Specific Sciences > Economics
General Issues > Models and Idealization
General Issues > Social Epistemology of Science
Date: 14 July 2021
URI: https://philsci-archive.pitt.edu/id/eprint/19320

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