Implicit Theorizing: A Methodological Criticism of the Neo-Cambridge School

Wassily Leontief

The Quarterly Journal of Economics, 1937, vol. 51, issue 2, 337-351

Abstract: I. Distinction between logical and methodological problems, 337. — II. Methodological pattern of a deductive theory, 339. — III. Implicit vs. explicit definitions, 342. — Fundamental limitations of implicit theories, 344. — IV. Examples of implicit theorizing: Joan Robinson's "corrected units," 346. — R. F. Kahn's theory of "ideal output," 347. — J. E. Hicks' generalized concept of elasticity of substitution, 348. — J. M. Keynes' concepts of aggregate supply and demand curves, 349.

Date: 1937
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