Economics today cannot predict the likely outcome of specific events any better than it could in the time of Adam Smith. This is Alexander Rosenberg's controversial challenge to the scientific status of economics. Rosenberg explains that the defining characteristic of any science is predictive improvability-the capacity to create more precise forecasts by evaluating the success of earlier predictions-and he forcefully argues that because economics has not been able to increase its predictive power for over two centuries, it is not a science.
| ISBN: | 9780226727233 |
| Publication date: | 1st July 1992 |
| Author: | Alexander Rosenberg |
| Publisher: | The University of Chicago Press an imprint of University of Chicago Press |
| Format: | Hardback |
| Pagination: | 266 pages |
| Series: | Science and Its Conceptual Foundations |
| Genres: |
Philosophy of science |
Economics today cannot predict the likely outcome of specific events any better than it could in the time of Adam Smith. This is Alexander Rosenberg's controversial challenge to the scientific status of economics.
Economics features in the following genres: Philosophy of science
Hardback. Not Available.
Economics was written by Alexander Rosenberg and published by The University of Chicago Press an imprint of University of Chicago Press
Economics has 266 pages
Yes it is part of Science and Its Conceptual Foundations series