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Publication details

Publisher: Springer

Place: Berlin

Year: 2017

Pages: 467-489

Series: Boston Studies in the Philosophy and History of Science

ISBN (Hardback): 9783319576688

Full citation:

Richard G. Lipsey, "Joseph Agassi, the m2t seminar, and his influence on my work", in: Encouraging openness, Berlin, Springer, 2017

Joseph Agassi, the m2t seminar, and his influence on my work

Richard G. Lipsey

pp. 467-489

in: Nimrod Bar Am, Stefano Gattei (eds), Encouraging openness, Berlin, Springer, 2017

Abstract

This paper discusses the influence on my research and writings of several methodological principles that we, the members of the LSE Staff Seminar on Methodology, Measurement and Testing, learned directly from Joseph Agassi and indirectly from Karl Popper. It begins with the origins of the seminar and my textbook, An Introduction to Positive Economics. It goes on to cover methodological issues that arose in my subsequent papers, including: the importance of having empirical content in economic theories, the poverty of theories that are built only to pass sunrise tests, why non-robust assumptions need to be tested, the concept of refutability, the fussy distinction between normative and positive statements, the impossibility of giving purely positive policy advice, the testing of existential statements, fallacious attempts to deduce empirical propositions from definitional identities, the distinction between internally and externally driven research programs, the poverty of modern welfare economics as a guide to policy and the possibility of deriving policy advice without such guidance. It concludes with a short discussion of the revolutionary implications of accepting technological change as being generated endogenously under conditions of genuine uncertainty rather than measurable risk.

Cited authors

Publication details

Publisher: Springer

Place: Berlin

Year: 2017

Pages: 467-489

Series: Boston Studies in the Philosophy and History of Science

ISBN (Hardback): 9783319576688

Full citation:

Richard G. Lipsey, "Joseph Agassi, the m2t seminar, and his influence on my work", in: Encouraging openness, Berlin, Springer, 2017