Falsificationism and Research Programmes: Impact of Popper and Lakatos on Economic Methodology
- Authors
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John Owen E. Adimike
Dominican University, Ibadan
Author
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- Keywords:
- Falsificationism, Methodology of scientific research programmes, Economic methodology, Economic theories, Empirical criticism, Empirical content
- Abstract
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In this paper, I set out to critically review the impact of Popperian falsificationism and Lakatosian methodology of scientific research programmes [subsequently, MSRP] on economic methodology and philosophy of economics. The central thesis I maintain is that neither Popper’s falsificationism nor Lakatos’ MSRP offers [philosophy of] economics a proper condition for the reception or rejection of economic theories. With this achieved, I highlight some implications and caveats of this argument by way of conclusion.
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- Published
- 2022-12-15
- Section
- Articles
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