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Item Details
Title: ECONOMICS
MATHEMATICAL POLITICS OR SCIENCE OF DIMINISHING RETURNS?
By: Alexander Rosenberg
Format: Paperback

List price: £28.00
Our price: £25.20
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ISBN 10: 0226727246
ISBN 13: 9780226727240
Availability: Usually dispatched within 1-3 weeks.
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Publisher: THE UNIVERSITY OF CHICAGO PRESS
Pub. date: 1 September, 1994
Series: Science & Its Conceptual Foundations S.
Pages: 283
Synopsis: 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.
Illustrations: 1 table
Publication: US
Imprint: University of Chicago Press
Returns: Returnable
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