Economics--Mathematical Politics or Science of Diminishing Returns? - Science and Its Conceptual Foundations series - Rosenberg, Alexander (Duke University) - Books - The University of Chicago Press - 9780226727240 - November 28, 1994
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Rosenberg, Alexander (Duke University)
Economics--Mathematical Politics or Science of Diminishing Returns? - Science and Its Conceptual Foundations series New edition

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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.

283 pages, 1 table

Media Books     Paperback Book   (Book with soft cover and glued back)
Released November 28, 1994
ISBN13 9780226727240
Publishers The University of Chicago Press
Pages 283
Dimensions 164 × 228 × 16 mm   ·   392 g
Language English  

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