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:	Creators Email ORCID Northcott, Robert r.northcott@bbk.ac.uk 0000-0001-8791-8364 Alexandrova, Anna aa686@cam.ac.uk Wright, Jack 0000-0001-6003-4251
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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