Tag Archives: empiricism

ECONOMICS AS AN (IN)DEPENDENT SCIENCE

ESSAYS IN MULTIDISCIPLINARY ECONOMICS, NO.2 Economics as an (In)dependent Science Introduction Science has always been heavily influenced by the ideologies and interests of people. Although this phenomenon is unavoidable, it makes sense to reduce it as much as possible. When … Continue reading

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MENGER ON EXACT LAWS VERSUS EMPIRICAL LAWS

Menger on Exact Laws versus Empirical Laws (19-02-2014) In his Investigations into the Method of the Social Sciences With Special Reference to Economics (1883) Menger takes position in the Methodenstreit between the deductivism and inductivism. Menger advocated the deductivist approach … Continue reading

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