Economic Theory and Economic History

Robert P. Gilles
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Robert P. Gilles: Queen’s University Belfast

Chapter 4 in An Economist’s Guide to Economic History, 2018, pp 31-39 from Palgrave Macmillan

Abstract: Abstract This chapter argues that the dismal science is in a dismal state. The problem is caused by the existence of very difficult methodologies, complicating the relationship between economic theorising and empirics. As part of a possible remedy, the author discusses how economic theorising could relate more productively to (economic) history. While analytic narratives can be used to explain the particular economic aspects of a historical episode, history can also provide insights about human economic endeavours that help formulate better general theories.

JEL-codes: B41 D85 L14 N01 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-96568-0_4

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DOI: 10.1007/978-3-319-96568-0_4

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