Two Cheers for Positivism: On the Methodology of Economics

Bruce Caldwell is an economist, historian of economics, Hayek scholar, and Director of the Center for the History of Political Economy (“CHOPE”) at Duke University.  I recently came across his 2012 Southern Economic Association presidential address, “Of Positivism and the History of Economic Thought” (VI), in which he links the decline of positivism with the hope … Continue reading Two Cheers for Positivism: On the Methodology of Economics