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About Crisis of Economics
This document provides a summary and review of two recent books that discuss economic theory - Richard Swedberg's "The Art of Social Theory" and Andre Orlean's "The Empire of Value." The summary discusses key differences in how economists and sociologists view the concept of theory. Swedberg frames theory as "abduction," or hypothesis generation, while economists see theories as more general explanatory frameworks for building models. The review examines differences in how observation, data, and mutual refinement of theory and facts are incorporated into the theoretical process between the two disciplines.
Detailed Information
| Author: | ['jacquesfatalist'] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 27 |
| Language: | English |
| Format: | |
| Price: | FREE |
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