Karl Brunner’s Philosophy of Science: Macroeconomics through the Lens of Logical Empiricism

The Center for the History of Political Economy Working Paper Series at Duke University 2018-15

Economic Research Initiatives at Duke (ERID) Working Paper Forthcoming

37 Pages Posted: 20 Oct 2018

See all articles by Kevin D. Hoover

Kevin D. Hoover

Duke University - Departments of Economics and Philosophy

Date Written: September 24, 2018

Abstract

Best known as a monetary economist and prominent proponent of monetarism, Karl Brunner was deeply knowledgeable about the philosophy of science and attempted to explicitly integrate logical empiricist thinking, derived in some measure from his engagement with the work of the philosopher Hans Reichenbach, into his economics. His philosophical commitments are clearly reflected in this empirical work on monetary economics, his monetarist analysis, and in his critical approach to econometrics, microfoundations, and the New Classical macroeconomics.

Keywords: Karl Brunner, philosophy of economics, philosophy of science, logical empiricism, econometrics, microfoundations, the New Classical macroeconomics

JEL Classification: B2, B3, B4

Suggested Citation

Hoover, Kevin D., Karl Brunner’s Philosophy of Science: Macroeconomics through the Lens of Logical Empiricism (September 24, 2018). The Center for the History of Political Economy Working Paper Series at Duke University 2018-15; Economic Research Initiatives at Duke (ERID) Working Paper Forthcoming. Available at SSRN: https://ssrn.com/abstract=3254387 or http://dx.doi.org/10.2139/ssrn.3254387

Kevin D. Hoover (Contact Author)

Duke University - Departments of Economics and Philosophy ( email )

213 Social Sciences Building
Box 90097
Durham, NC 27708-0204
United States

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