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Date: | Fri Mar 31 17:18:38 2006 |
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==================== HES POSTING =======================
[NOTE: Subsequent to my posting the announcement of the Society's best
article prize, the winner submitted the following abstract of his article.
-- RBE]
HOW THEORY CAME TO ENGLISH CLASSICAL ECONOMICS*
William O. Coleman
Economics Department, University of Tasmania, GPO Box 252-85, Hobart,
7001, AUSTRALIA
ABSTRACT
The theoretical method of English classical economics is traced to the
Enlightenment's struggle to resolve the disputes between rationalism and
anti-rationalism. In an attempt to resolve these disputes, many
Enlightenment authors sought to unite empiricism with the notion of
law-like
universe by arguing that economic laws are no more than general facts,
apparent from everyday life. This position, by denying that theory had any
connection with the hypothetical, the instrumental or the abstract, blurred
the distinction between theory and fact, taught Classical economists to see
their theorising as fact, and gave the Classical economists licence to
pursue their theoretical speculations.
William Coleman
Dept of Economics
University of Tasmania
email: [log in to unmask]
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