Economics--Mathematical Politics or Science of Diminishing Returns? (Science and Its Conceptual Foundations series)
Type
Book
Authors
ISBN 10
0226727246
ISBN 13
9780226727240
Category
EIPE
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Publication Year
1994
Publisher
Pages
283
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. - from Amzon
Number of Copies
1
