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Economics Without Laws

Name: Economics Without Laws
Author: Lukasz Hardt

Lukasz Hardt

17 August 2018

Paperback

€131.99

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Book Synopsis

This book offers a vision of economics in which there is no place for universal laws of nature, and even for laws of a more probabilistic character. The author avoids interpreting the practice of economics as something that leads to the formulation of universal laws or laws of nature. Instead, chapters in the book follow the method of contemporary philosophy of science: rather than formulating suggestions for practicing scientists of how they should do research, the text describes and interprets the very practice of scientific research. This approach demonstrates how economists can explain economic phenomena not by subsuming them under general laws, but rather by building models of these phenomena, by referring to causes, or even by investigating what is in the nature of given factors, events, or circumstances to produce.

About The Author

Lukasz Hardt is Associate Professor of Economics at the University of Warsaw, Poland. In 2016, he was nominated by the President of Poland to the Monetary Policy Council.

Product Details

ISBN: 9783319855042
Format: Paperback
Publisher: Palgrave Macmillan, (17 August 2018)
Number of Pages: 220
Weight: 454 grams
Language: English
Dimensions: 210 x 148 mm
Categories:: Law Philosophy of science Economics Theory And Philosophy