What about falsifiability? Further notes on Hausman's revision of the neoclassical economic methodology

Geert Reuten

Journal of Economic Methodology, 1997, vol. 4, issue 2, 297-302

Abstract: Even if falsificationism in the strict Popper-Lakatos sense may be too harsh for economics, falsifiability and refutability are eminent criteria for theory appraisal. Hausman's (1997) revision of his (1992) methodology of economics does not come sufficiently close to meeting such a methodological requirement and risks allowing the prioritising of irrefutable theories over empirical phenomena. It therefore needs further advancement.

Keywords: theory appraisal; methodology of neoclassical economics; falsifiability (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1080/13501789700000020

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