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Why Economics is not yet a Science

Alfred S. Eichner

Abstract

WHAT DO WE MEAN BY ASKING WHETHER ECONOMICS IS A SCIENCE? MODERN EMPIRICISM AND QUANTUM-LEAP THEORIZING IN ECONOMICS, IDEOLOGY, METHODOLOGY, AND NEOCLASSICAL ECONOMICS, A BEHAVIORAL THEORY OF ECONOMISTS' BEHAVIOR, THE DEVELOPMENT OF CONTEMPORARY MAINSTREAM MACROECONOMICS: VISION, IDEOLOGY, AND THEORY, HOW ECONOMISTS MISUSE MATHEMATICS, INSTITUTIONAL ANALYSIS: TOWARD PROGRESS IN ECONOMIC SCIENCE, WHY ECONOMICS IS NOT YET A SCIENCE

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Key concepts: Economics, Positive economics, Neoclassical economics