Economics--Mathematical Politics or Science of Diminishing Returns?
Format:Paperback
Publisher:The University of Chicago Press
Published:1st Sep '94
Currently unavailable, and unfortunately no date known when it will be back
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.
ISBN: 9780226727240
Dimensions: 22mm x 16mm x 1mm
Weight: 425g
283 pages