Open AccessOrthodox and heterodox economics in recent economic methodology
Author(s) -
D. Wade Hands
Publication year - 2015
Publication title -
erasmus journal for philosophy and economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.121
H-Index - 9
ISSN - 1876-9098
DOI - 10.23941/ejpe.v8i1.184
Subject(s) - neuroeconomics , heterodox economics , economic methodology , neoclassical economics , economics , positive economics , naturalism , field (mathematics) , mainstream economics , applied economics , philosophy and economics , behavioral economics , schools of economic thought , epistemology , social science , sociology , philosophy , microeconomics , mathematics , philosophy education , pure mathematics
This paper discusses the development of the field of economic methodology during the last few decades emphasizing the early influence of the "shelf" of Popperian philosophy and the division between neoclassical and heterodox economics. It argues that the field of methodology has recently adopted a more naturalistic approach focusing primarily on the "new pluralist" subfields of experimental economics, behavioral economics, neuroeconomics, and related subjects.