Why economics should be a modest and reasonable science

Detalhes bibliográficos
Autor(a) principal: Bresser-Pereira, Luiz Carlos
Data de Publicação: 2012
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/9258
Resumo: Unlike the methodological sciences such as mathematics and decision theory, which use the hypothetical-deductive method and may be fully expressed in complex mathematical models because their only truth criterion is logical consistency, the substantive sciences have as their truth criterion the correspondence to reality, adopt an empirical-deductive method, and are supposed to generalize from and often unreliable regularities and tendencies. Given this assumption, it is very difficult for economists to predict economic behavior, particularly major financial crises.
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spelling Bresser-Pereira, Luiz CarlosEscolas::EESP2012-02-07T12:48:20Z2012-02-07T12:48:20Z2012-02-07TD 306http://hdl.handle.net/10438/9258Unlike the methodological sciences such as mathematics and decision theory, which use the hypothetical-deductive method and may be fully expressed in complex mathematical models because their only truth criterion is logical consistency, the substantive sciences have as their truth criterion the correspondence to reality, adopt an empirical-deductive method, and are supposed to generalize from and often unreliable regularities and tendencies. Given this assumption, it is very difficult for economists to predict economic behavior, particularly major financial crises.engTextos para discussão EESP ; TD 306ProbabilityUncertaintyModestyMethodNeoclassical economicsEconomiaEconomiaEscola neoclássica de economiaProbabilidadesWhy economics should be a modest and reasonable scienceinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINALTD 306 - Luiz Bresser Pereira.pdfTD 306 - Luiz Bresser Pereira.pdfapplication/pdf800489https://repositorio.fgv.br/bitstreams/4ffa717b-6a05-4031-a010-27c872533bc1/downloadf6ef1ade80f1e77c22484629b049b4c4MD51LICENSElicense.txtlicense.txttext/plain; charset=utf-84707https://repositorio.fgv.br/bitstreams/7df1b323-e301-4fd7-b8c5-88859b304135/downloaddfb340242cced38a6cca06c627998fa1MD52TEXTTD 306 - Luiz Bresser Pereira.pdf.txtTD 306 - Luiz 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dc.title.eng.fl_str_mv Why economics should be a modest and reasonable science
title Why economics should be a modest and reasonable science
spellingShingle Why economics should be a modest and reasonable science
Bresser-Pereira, Luiz Carlos
Probability
Uncertainty
Modesty
Method
Neoclassical economics
Economia
Economia
Escola neoclássica de economia
Probabilidades
title_short Why economics should be a modest and reasonable science
title_full Why economics should be a modest and reasonable science
title_fullStr Why economics should be a modest and reasonable science
title_full_unstemmed Why economics should be a modest and reasonable science
title_sort Why economics should be a modest and reasonable science
author Bresser-Pereira, Luiz Carlos
author_facet Bresser-Pereira, Luiz Carlos
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.author.fl_str_mv Bresser-Pereira, Luiz Carlos
dc.subject.eng.fl_str_mv Probability
Uncertainty
Modesty
Method
Neoclassical economics
topic Probability
Uncertainty
Modesty
Method
Neoclassical economics
Economia
Economia
Escola neoclássica de economia
Probabilidades
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
Escola neoclássica de economia
Probabilidades
description Unlike the methodological sciences such as mathematics and decision theory, which use the hypothetical-deductive method and may be fully expressed in complex mathematical models because their only truth criterion is logical consistency, the substantive sciences have as their truth criterion the correspondence to reality, adopt an empirical-deductive method, and are supposed to generalize from and often unreliable regularities and tendencies. Given this assumption, it is very difficult for economists to predict economic behavior, particularly major financial crises.
publishDate 2012
dc.date.accessioned.fl_str_mv 2012-02-07T12:48:20Z
dc.date.available.fl_str_mv 2012-02-07T12:48:20Z
dc.date.issued.fl_str_mv 2012-02-07
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/9258
dc.identifier.sici.none.fl_str_mv TD 306
identifier_str_mv TD 306
url http://hdl.handle.net/10438/9258
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Textos para discussão EESP ; TD 306
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