Spiethoff's Economic Styles: a Pluralistic Approach?
Sebastian Thieme ()
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Sebastian Thieme: Schasching-Fellow 2015/2016 of the Catholic Social Academy of Austria, Vienna, Austria
Economic Thought, 2018, vol. 7, issue 1, 1 - 23
The main scope of this article is to introduce Spiethoff's economic styles approach to economists outside the German-speaking scientific community. It also provides a contemporary (new) reading and interpretation of this approach, especially regarding the methodology Spiethoff used in his research. Essentially, it will be shown that Spiethoff applies a kind of 'abductive' thinking that is usually ignored. Especially in the recent debate about pluralism in economics, the dichotomy of induction and deduction excludes the concept of abduction. Against this background, the article highlights what Spiethoff's economic styles approach could add to the current debate regarding pluralism in economics.
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