Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/22695
Appears in Collections:Economics Book Chapters and Sections
Title: Neoclassicism, critical realism and the Cambridge methodological tradition
Authors: Dow, Sheila
Contact Email: s.c.dow@stir.ac.uk
Editors: Morgan, J
Citation: Dow S (2015) Neoclassicism, critical realism and the Cambridge methodological tradition. In: Morgan J (ed.). What is Neoclassical Economics? Debating the origins, meaning and significance. Economics as Social Theory, 43, London: Routledge, pp. 102-118.
Keywords: neoclassical economics
Cambridge tradition
Issue Date: Dec-2015
Publisher: Routledge
Series/Report no.: Economics as Social Theory, 43
Abstract: The purpose of this paper is to consider Lawson's three-way classification of economics, whereby neoclassicism is defined in terms of inconsistency between ontology and methodology. The notion of classification is explored in order to consider Lawson's well-defined triad in relation to the more fluid, provisional, porous classifications within critical realist analysis itself. The difficulties with fitting economists into any one of the triad is illustrated by considering economics at Cambridge, not least because the methodology of individual figures is open to different interpretations. It is concluded that the main thrust of Lawson's argument is rhetorical, aimed at denting the insistence on mathematical modelling. His definition of neoclassical economics is directly relevant to new developments within the mainstream as well as to heterodox modellers, implying that the onus is on both to argue that modelling is justified in particular circumstances.
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. Publisher policy allows this work to be made available in this repository. Published in What is Neoclassical Economics? by Routledge. The book an be found at: https://www.routledge.com/products/9781138962095
Type: Part of book or chapter of book
URI: http://hdl.handle.net/1893/22695
URL: https://www.routledge.com/products/9781138962095
Affiliation: Economics

Files in This Item:
File Description SizeFormat 
2015 neoclassical ecs in Morgan (ed).pdf462.74 kBAdobe PDFUnder Embargo until 1/6/2017     Request a copy

Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependant on the depositor still being contactable at their original email address.

This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.