Economics--Mathematical Politics or Science of Diminishing Returns? (Science and Its Conceptual Foundations series)
ISBN-13:
9780226727240
ISBN-10:
0226727246
Edition:
Reprint
Author:
Alexander Rosenberg
Publication date:
1994
Publisher:
University of Chicago Press
Format:
Paperback
283 pages
Category:
Economics
,
Politics & Government
FREE US shipping
Book details
ISBN-13:
9780226727240
ISBN-10:
0226727246
Edition:
Reprint
Author:
Alexander Rosenberg
Publication date:
1994
Publisher:
University of Chicago Press
Format:
Paperback
283 pages
Category:
Economics
,
Politics & Government
Summary
Economics--Mathematical Politics or Science of Diminishing Returns? (Science and Its Conceptual Foundations series) (ISBN-13: 9780226727240 and ISBN-10: 0226727246), written by authors
Alexander Rosenberg, was published by University of Chicago Press in 1994.
With an overall rating of 4.0 stars, it's a notable title among other
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Description
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.
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