Don Ross, Philosophy of Economics

Review of Don Ross ’ s Philosophy of economics . Palgrave

Don Ross begins his recent book by explaining why he regards analytical philosophy of science as " a barren enterprise " (p. 1). Analytical philosophy of science (derived from the twentieth century analytical philosophy tradition) accords the philosopher special expertise in the 'logic of concepts' and thus a unique responsibility for determining universal norms of thought for the sciences. Thi...

Review of the Oxford handbook of philosophy of economics , edited by Harold Kincaid and Don Ross . New York : Oxford University

1 The Oxford handbook of philosophy of economics aims at bringing out what is new in the philosophy of economics—an aim that, I believe, has been successfully achieved. The introductory chapter by Don Ross and Harold Kincaid does a superb job of describing the current orientation of philosophy of economics, the result of developments in philosophy of science, in economics, and in the relationsh...

Philosophy of Economics

After a general philosophical introduction, this chapter discusses the meaning and nature of a “pure” science of economics, both as an analytical and a classificatory conception. This discussion leads to the nature of abstraction, idealization, ideal objects, and the production of abstract mathematical theories in economics, which gives rise to Walras’ problem, namely that of “returning to real...

Economics and Philosophy

The Philosophy of Austrian Economics

T his is a useful, clearly written study of the philosophical origins of Menger's theorizing in economics . As the author points out in his conclusion: philosophy has been an accompanying presence at every stage in the development of Austrian economics. Moreover, "Action, that leitmotif of praxeology, has in the Austrian tradition received a distinctly Aristotelian analysis. Austrian economics ...