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picture1_Financial Economics Pdf 127217 | Reflections On Neoclassical Theory And The Philosophy Of Science


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File: Financial Economics Pdf 127217 | Reflections On Neoclassical Theory And The Philosophy Of Science
REFLECTIONS ON NEOCLASSICAL THEORY AND THE PHILOSOPHY OF SCIENCE Andres Blanco The lack of predictive and explanatory capacity of the neoclassical theoretical framework has been widely criticied following the onset ...

icon picture PDF Filetype PDF | Posted on 13 Oct 2022 | 2 years ago
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...Reflections on neoclassical theory and the philosophy of science andres blanco lack predictive explanatory capacity theoretical framework has been widely criticied following onset global financial crisis however is not attributable to recent evolution that rather it results from an insurmountable deficit at core in particular its most basic postulates remarking weaknesses thought a perspective nothing new much work by amartya sen mark blaug among others was developed as such critique ff nonetheless necessary insist this point therein lies root all failings mainstream economics both academic level public debates can be summarised two issues complete disregard for empirical evidence rejects hypothesis refusal engage with opposing paradigms but philosophical problems are limited above employs speech genres strategically so discourse used authors appears something other than actually discourses essentially normative approach presented objective neutral explanations real phenomena thus what...
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