Friedman’s instrumentalism in F53. A Weberian reading

In this paper, Weber’s methodology of ideal types is applied as a framework to argue for the instrumentalist interpretation of Friedman’s methodology of positive economics. Weber’s ideal-typical methodology is characterized as a mix of descriptive inaccuracy and causal adequacy. Based on some recent...

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Autor principal: Peter Galbács
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Publicado: Editura ASE Bucuresti 2019
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Acceso en línea:https://doaj.org/article/d3efbe40d4ff4a77b68a3cca44cf8a6a
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spelling oai:doaj.org-article:d3efbe40d4ff4a77b68a3cca44cf8a6a2021-12-02T00:42:53ZFriedman’s instrumentalism in F53. A Weberian reading1843-22981844-8208https://doaj.org/article/d3efbe40d4ff4a77b68a3cca44cf8a6a2019-05-01T00:00:00Z https://jpe.ro/pdf.php?id=8389 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208In this paper, Weber’s methodology of ideal types is applied as a framework to argue for the instrumentalist interpretation of Friedman’s methodology of positive economics. Weber’s ideal-typical methodology is characterized as a mix of descriptive inaccuracy and causal adequacy. Based on some recent structuralist results in the philosophy of science it is highlighted how intimately causal understanding and the properties of entities are related. The main contrast between Weber and Friedman consists in the emphases they placed on the causal properties of agents. It is argued that Friedman’s instrumentalism results from his neglect of entity properties for no causal understanding can be placed upon neglected characteristics. By identifying some channels through which methodological Weberianism could spread, the possibility of a real albeit indirect connection between Weber and Friedman is suggested, with Frank H. Knight as the most probable diffuser.Peter GalbácsEditura ASE Bucurestiarticleunrealistic assumptionsrealismstructuralismMax WeberFrank KnightMilton FriedmanEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol XII, Iss 2, Pp 31-53 (2019)
institution DOAJ
collection DOAJ
language DE
EN
FR
topic unrealistic assumptions
realism
structuralism
Max Weber
Frank Knight
Milton Friedman
Economics as a science
HB71-74
spellingShingle unrealistic assumptions
realism
structuralism
Max Weber
Frank Knight
Milton Friedman
Economics as a science
HB71-74
Peter Galbács
Friedman’s instrumentalism in F53. A Weberian reading
description In this paper, Weber’s methodology of ideal types is applied as a framework to argue for the instrumentalist interpretation of Friedman’s methodology of positive economics. Weber’s ideal-typical methodology is characterized as a mix of descriptive inaccuracy and causal adequacy. Based on some recent structuralist results in the philosophy of science it is highlighted how intimately causal understanding and the properties of entities are related. The main contrast between Weber and Friedman consists in the emphases they placed on the causal properties of agents. It is argued that Friedman’s instrumentalism results from his neglect of entity properties for no causal understanding can be placed upon neglected characteristics. By identifying some channels through which methodological Weberianism could spread, the possibility of a real albeit indirect connection between Weber and Friedman is suggested, with Frank H. Knight as the most probable diffuser.
format article
author Peter Galbács
author_facet Peter Galbács
author_sort Peter Galbács
title Friedman’s instrumentalism in F53. A Weberian reading
title_short Friedman’s instrumentalism in F53. A Weberian reading
title_full Friedman’s instrumentalism in F53. A Weberian reading
title_fullStr Friedman’s instrumentalism in F53. A Weberian reading
title_full_unstemmed Friedman’s instrumentalism in F53. A Weberian reading
title_sort friedman’s instrumentalism in f53. a weberian reading
publisher Editura ASE Bucuresti
publishDate 2019
url https://doaj.org/article/d3efbe40d4ff4a77b68a3cca44cf8a6a
work_keys_str_mv AT petergalbacs friedmansinstrumentalisminf53aweberianreading
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