Economics : mathematical politics or science of diminishing returns? /
Saved in:
| Author / Creator: | Rosenberg, Alexander, 1946- |
|---|---|
| Edition: | Paperback ed. |
| Imprint: | Chicago : University of Chicago Press, 1994, c1992. |
| Description: | xvii, 266 p. : ill. ; 24 cm. |
| Language: | English |
| Series: | Science and its conceptual foundations |
| Subject: | |
| Format: | Print Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/7301480 |
| Summary: | 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. |
|---|---|
| Physical Description: | xvii, 266 p. : ill. ; 24 cm. |
| Bibliography: | Includes bibliographical references (p. 255-259) and index. |
| ISBN: | 0226727238 0226727246 |