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Cambridge Journal of Economics, 1996-01, Vol.20 (1), p.137-151
Ort / Verlag
Oxford: Oxford University Press
Erscheinungsjahr
1996
Link zum Volltext
Quelle
Oxford Journals 2020 Social Sciences
Beschreibungen/Notizen
Despite recent advances, economic methodology has found it difficult to transcend certain positivist premisses and concerns. We argue that developments in philosophy and social theory under the heading of critical realism are particularly significant with respect to overcoming these problems. To illustrate, we focus upon various themes that arise in a recent collection concerned with economic methodology and institutionalist economics, relating these themes to relevant aspects of this realist position. In so doing, we argue that an economic methodology restricted to description and an institutionalism committed to some form of methodological individualism are not only unnecessary but problematic.