A Review of Kuhnian and Lakatosian “Explanations” in Economics



Table 6

Criticisms of Lakatosian explanations

Looseness of Hard Core

Vagueness of Terminology

Non-appropriateness for
Economics

Hausman, 1992, 1994

Hands, 1993

Caldwell, 1991

Hoover, 1992

Glass and Johnson, 1989

Hands, 1984, 1985, 1990

Maki, 1980

Redman, 1993

Salanti, 1994

Steedman, 1991

“Justification” for current
status quo

Problems of Empirical
Testing

Specific Criticisms

Backhouse, 1994

de Marchi 1991

Bianchi and Moulin, 1991

de Marchi , 1991

Shearmur, 1991

de Marchi and Blaug, 1991

Hands, 1993

Kim, 1991

Mirowski, 1987

Morgan,1991

V. Concluding Comments

The starting point of this work was the influence of the scientific philosophies of Kuhn
and Lakatos in economic thought and the main criticisms of the application of their ideas to
economics. Although the discussion was by no means exhaustive, it enables us to make
some general observations. The first general observation is that the influence of Lakatos
seems to be much stronger among economists than that of Kuhn’s. Chronologically, Kuhn’s
ideas were introduced first in economics in the late 60s and early 70s. In the first few years
the Kuhnian influence was stronger but it progressively declined. The Lakatosian influence

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