Causality and Objectivity in Macroeconomics
Routledge (Verlag)
978-0-367-55724-9 (ISBN)
The book analyzes the accounts of causality that have been or can be proposed to capture the type of causality that underlies macroeconomic policy analysis, the empirical methods of causal inference that contemporary macroeconomists have at their disposal, and the conceptions of scientific objectivity that traditionally play a role in economics. The book argues that contemporary macroeconomists cannot provide any conclusive evidence in support of causal hypotheses, and that macroeconomic policy analysis doesn’t qualify as scientifically objective in any of the traditional meanings. The book also considers a number of steps that might have to be taken in order for macroeconomic policy analysis to become more objective.
The book addresses philosophers of science and economics as well as (macro-) economists, econometricians and statisticians who are interested in causality and macro-econometric methods of causal inference and their wider philosophical and social context.
Tobias Henschen is a principal investigator in a research project that is hosted by the University of Cologne, funded by the German Research Foundation (DFG), and devoted to an investigation of the philosophical foundations of complexity economics. Previously, he had been holding temporary positions of full professor for epistemology and philosophy of science at University College Freiburg (2018–2020) and of assistant professor at the Philosophy Department at the University of Konstanz (2013–2018). From 2011 to 2013 he was a postdoctoral researcher at the Hebrew University of Jerusalem, and from 2009 to 2011 a postdoctoral research and teaching fellow at the Philosophy and Economics Departments of the University of Heidelberg. He holds degrees in economics and philosophy: a Licence (or BSc) in economics from the University of Toulouse 1 (2000), an MA in philosophy and economics (2001) and a PhD in philosophy from the University of Heidelberg (2009). He published a book on Heidegger’s philosophy of science and language in 2010 and various articles in the fields of general philosophy of science, philosophy of economics, and the philosophy of Kant.
Preface 1 Introduction Part I: Causality 2 What is macroeconomic causality? 3 The ontology of macroeconomic aggregates 4 The in-principle inconclusiveness of causal evidence in macroeconomics 5 Causality and probability Part II: Objectivity 6 Scientific realism in macroeconomics 7 The role of non-scientific values in macroeconomics 8 Macroeconomic expertise 9 Macroeconomics in a democratic society
| Erscheinungsdatum | 03.10.2023 |
|---|---|
| Reihe/Serie | Routledge INEM Advances in Economic Methodology |
| Zusatzinfo | 9 Line drawings, black and white; 9 Illustrations, black and white |
| Verlagsort | London |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Gewicht | 453 g |
| Themenwelt | Wirtschaft ► Allgemeines / Lexika |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 0-367-55724-X / 036755724X |
| ISBN-13 | 978-0-367-55724-9 / 9780367557249 |
| Zustand | Neuware |
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