Explanation in Economics (La Explicación en Economía) (Spanish and Romanian)
Anale Volumul XV Seria Drept Editora Augusta Timisoara, 2009
12 Pages Posted: 6 Dec 2009 Last revised: 6 Jan 2010
Date Written: December 5, 2009
The article aims to show how the epistemology of science can reassess the criteria of simplicity in economic research. It is made with this objective an evaluation of simplicity in the economy since the classic works of Adam Smith and David Ricardo. Then it extends the concept to work in Arrow neoclassical economics and Varian. Finally, it outlines the scope of the concept of simplicity in the economy to the contemporary field of rational choice theory, following the working of Robert Nozick.
Note: Downloadable document is in Spanish and Romanian.
Keywords: Economics Theory, Language, Capitalism, Economy History
JEL Classification: B12, B15, B30
Suggested Citation: Suggested Citation