A Review of Kuhnian and Lakatosian “Explanations” in Economics



theory in particular” (1994, p. 29). He found, explained and documented some specific hard
core propositions in this theory (1994, pp. 41-2).

From the above Lakatosian SRP implications on various specific economic theories
we can compose the following table:

Table 5

Lakatosian SRP on economic theories

Wage Fund

Intern. Trade

Human Capital

Marginal Utility

Th. of the Firm

Vint, 1999

de Marchi,1976

Blaug, 1976,

1980,

Coats, 1976

Latsis, 1972

Bensel&Elmslie,
1992

Wong, 1978

McGovern, 1994

General Equilibrium

Production

Function

Monetarism

Rational

Expectations

Weintraub, 1985a,
1985b, 1988

Fulton, 1984

Cross, 1982

Maddock,     1984,

1991

Backhouse, 1991

V. Criticisms of Lakatos

As far as Lakatosian ideas are concerned, one can argue that given that his views
have had much more influence among economists, one can also find more detailed criticisms
over the application of Lakatosian ideas to the growth of economic knowledge. The more
general criticism is similar to the one applied to Kuhn and refers to the fact that Lakatos’
ideas developed with main reference to Physics. Thus, many economists such as

18



More intriguing information

1. Tourism in Rural Areas and Regional Development Planning
2. Epistemology and conceptual resources for the development of learning technologies
3. Computational Batik Motif Generation Innovation of Traditi onal Heritage by Fracta l Computation
4. Strategic Effects and Incentives in Multi-issue Bargaining Games
5. Thresholds for Employment and Unemployment - a Spatial Analysis of German Regional Labour Markets 1992-2000
6. Knowledge, Innovation and Agglomeration - regionalized multiple indicators and evidence from Brazil
7. Improvement of Access to Data Sets from the Official Statistics
8. Importing Feminist Criticism
9. Understanding the (relative) fall and rise of construction wages
10. A simple enquiry on heterogeneous lending rates and lending behaviour
11. The Variable-Rate Decision for Multiple Inputs with Multiple Management Zones
12. Existentialism: a Philosophy of Hope or Despair?
13. AJAE Appendix: Willingness to Pay Versus Expected Consumption Value in Vickrey Auctions for New Experience Goods
14. Iconic memory or icon?
15. The name is absent
16. CONSUMER ACCEPTANCE OF GENETICALLY MODIFIED FOODS
17. The name is absent
18. Moi individuel et moi cosmique Dans la pensee de Romain Rolland
19. On s-additive robust representation of convex risk measures for unbounded financial positions in the presence of uncertainty about the market model
20. FUTURE TRADE RESEARCH AREAS THAT MATTER TO DEVELOPING COUNTRY POLICYMAKERS