The ideology of positive economics: Milton Friedman’s methodological claims and the technocratic character of postwar economics

The purpose of this paper is to reinterpret Milton Friedman’s (1953/2009) classic essay on methodology. It attempts to draw a connection between the claims he puts forward in this work with the larger transition that was taking place in economics at the time, from interwar pluralism to postwar neoc...

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Autor principal: Fernando Monteiro Rugitsky
Formato: article
Lenguaje:EN
PT
Publicado: Universidade de São Paulo 2015
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Acceso en línea:https://doaj.org/article/9db8f56b41064c94a7194431dbfa3905
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Sumario:The purpose of this paper is to reinterpret Milton Friedman’s (1953/2009) classic essay on methodology. It attempts to draw a connection between the claims he puts forward in this work with the larger transition that was taking place in economics at the time, from interwar pluralism to postwar neoclassicism. After briefly reconstructing his argument, it is argued that it contains a tension between instrumentalism and realism. Such tension, in its turn, parallels the internal tension of the ideological role played by postwar economics, divided between its emergent technocratic inclination and its older connection to a laissez-faire ideology, a distinction borrowed from Jürgen Habermas’ (1968/1970) work.