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Fecha
2008-05-15
Derechos de acceso
info:eu-repo/semantics/openAccess
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Editorial
Citas
Resumen
In this paper I study how the theoretical categories of consumption theory were used by Milton Friedman in order to classify empirical data and obtain predictions. Friedman advocated a case by case definition of these categories that traded theoretical coherence for empirical content. I contend that this methodological strategy puts a clear incentive to contest any prediction contrary to our interest: it can always be argued that these predictions rest on a wrong classification of data. My conjecture is that this methodological strategy can contribute to explain why Friedman’s predictions never generated the consensus he expected among his peers
Descripción
Categorías UNESCO
Palabras clave
Milton Friedman, Prediction in economics
Citación
Centro
Facultad de Filosofía
Departamento
Lógica, Historia y Filosofía de la Ciencia