Austrian Methodology

John Pheby
Additional contact information
John Pheby: City of Birmingham Polytechnic

Chapter 7 in Methodology and Economics, 1988, pp 95-113 from Palgrave Macmillan

Abstract: Abstract I now turn to a group of economists known as the Austrians. They form a distinctive paradigm not only for their economic theories, but also for the prominence they have generally given to questions of economic methodology. We shall see that they fall very much into the deductivist strand of methodologists, outlined in Chapter 1. Indeed, many of them openly refer to Jean-Baptiste Say, Nassau Senior, John Elliot Cairnes as important precursors. They have also tended to be highly critical of falsificationist, positivist and instrumentalist methodologies within economics. With increasing doubts being raised over the slavish transference of such methodologies to economics, added to the general revival of interest in economic methodology, it is not surprising that the Austrians’ approach has recently received more attention.

Keywords: Money Supply; Frequency Theory; Mathematical Economic; Methodological Individualism; Quantitative Work (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19258-8_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349192588

DOI: 10.1007/978-1-349-19258-8_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().