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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Format: | Article |
Language: | English |
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Taylor & Francis Group
2015-12-01
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Series: | Cogent Economics & Finance |
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Online Access: | http://dx.doi.org/10.1080/23322039.2015.1054142 |