Titlebook: Economics Without Laws; Towards a New Philos Łukasz Hardt Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Economic laws.Econ

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Sandra Venghaus,Sophia Dieken,Maria Belkaissue of whether these laws were claimed to be general and universal or just context dependent. This chapter starts by presenting Smith’s arguments for and against universality of economic laws. The author attempts to reconcile Smith’s different views on laws. Next, the emphasis is put on David Rica

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Petra Schneider,Andreas Meyer,Kay Plateen conceptualizing models as isolations and constructions. This is done by introducing the idea of economic models as believable worlds; precisely, descriptions of mechanisms that refer to the essentials of the modelled targets. Hardt uses Jim Woodward’s conceptualization of mechanisms. ‘Between is

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https://doi.org/10.1007/978-3-642-72986-7what extent are economic explanations distinctively mathematical?” By such explanations he qualifies reasoning of the following kind: why can somebody not distribute, for instance, 23 objects among 3 persons without cutting any? This is so because 23 cannot be divided evenly by 3. Here, the purely m

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Functional Electrical Stimulation,all-encompassing and universal laws of nature. The very existence of such laws is quite problematic if simply not possible. It is better to have economics with more metaphysically rich concepts as the ones of tendencies and capacities. Such concepts should be at the centre of the new philosophy of e

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https://doi.org/10.1007/978-3-319-54861-6Economic laws; Economic models; Mathematical explanations; Philosophy of economics; History of economic

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978-3-319-85504-2The Editor(s) (if applicable) and The Author(s) 2017