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Fri Mar 31 17:19:13 2006 |
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===================== HES POSTING ===================
Certainly Economics has not lived up to the promise of Logical
Positivism as seen by the Vienna Circle in the 1920s and 1930s. But,
Logical Positivism, itself, has not lived up to that promise. Even a
close to casual reading of Chaos Theory and Complexity Theory, or even
Evolutionary Economics, leaves one with the impression that the world of
direct experience cannot be captured and predicted, except in a very
limited range of space and time. The work in the history and philosophy of
science by Kuhn and Feyerabend, in particular, and the revolution in
Historiography occasioned by the writings of Foucault and Derrida, and,
indeed, the persistence of the specification problem in empirical work -
all of these lead me to conclude that the aspirations of the logical
positivists were premature.
It is not that Economics has not lived up to Positivism. It is
that no discipline has. Pure positivism remains an aspiration
everywhere. That most laudable search for an objective social science is
still unfulfilled.
Robin Neill
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