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Unintended Consequences: The Folly of Uncritical Thinking underscores the importance of grounding proposals for public policy on rigorous analysis supported by empirical evidence. Drawing on a number of live issues animating the national policy scene, the book shows how well-intentioned actions by the state may lead
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Jan 13, 2014 · The Journal of Economic Methodology, the leading peer-reviewed journal on the philosophical foundations and methodological practice of economics, has published a special issue devoted to George Soros’s theory of reflexivity. The issue contains a new article by Mr. Soros articulating his most recent thinking on reflexivity and fallibility, the role of those concepts in social science, and ...
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A good theory is simple enough to understand, while complex enough to capture the key features of the object or situation you are studying. Sometimes economists use the term model instead of theory. Strictly speaking, a theory is a more abstract representation, while a model is a more applied or empirical representation.
Karl Popper: Critical Rationalism. “Critical Rationalism” is the name Karl Popper (1902-1994) gave to a modest and self-critical rationalism. He contrasted this view with “uncritical or comprehensive rationalism,” the received justificationist view that only what can be proved by reason and/or experience should be accepted.
Jan 18, 2016 · A. The Crisis: Consumerism, Conformity, and Uncritical Thinking 1. Consumeristic Society One recent study found that by age 16 the typical American will have seen almost six million ads.1 This translates into more than one ad per waking minute.2 Such unrelenting commercial bombardment is exerting a powerful e ect on American culture.
Dec 12, 2023 · 4. Critical Theories Today. Marx defined critical theory as the “self-clarification of the struggles and wishes of the age” (Marx 1843). The vitality of this approach to critical theory depends on continually taking up this task in new social contexts, as the first generation of the Frankfurt School did.
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Nov 4, 2022 · The differences relate primarily to the conception of government, and this will be my focus. I will suggest why the public-choice approach is superior to the standard orthodox western economic model as a behavioral and predictive framework for explaining the events of the transition in Russia. The orthodox model has had more of a hearing in ...
