In recent years, the field of economic methodology has expanded and become popular among economists. This book brings together ten previously published essays by one of the leading practitioners in this emerging field.
The general theme is the application of Karl Poppers philosphy of science to economics - not only Popper himself but also other members of the Popperian school. There are three major issues that resurface repeatedly: the applicability of Poppers falsificationist philosophy of science- the applicability of I. Lakatos methodology of scientific research programs to economics- and the question of Poppers situational analysis approach to social science.
A long concluding chapter ties together the previous essays, addressing the more general issue of evaluating the Popperian tradition relative to other recent positions in economic methodology, and ends with suggestions and predictions regarding future work in the Popperian tradition in economic methodology.