A theorem on the methodology of positive economics

It has long been recognized that the Milton Friedman’s 1953 essay on economic methodology (or F53, for short) displays open-ended unclarities. For example, the notion of “unrealistic assumption” plays a role of absolutely fundamental importance in his methodological framework, but the term itself wa...

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Bibliographic Details
Main Author: Eduardo Pol
Format: Article
Language:English
Published: Taylor & Francis Group 2015-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2015.1054142