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Author Redman, Deborah A.
Title The rise of political economy as a science : methodology and the classical economists / Deborah A. Redman.
Imprint Cambridge, Mass. : MIT Press, 1997.

Author Redman, Deborah A.
Subject Economics.
Economics -- History.
Economics -- Philosophy.
Description 1 online resource (xviii, 471 pages)
Bibliography Note Includes bibliographical references (pages 377-446) and indexes.
Note Print version record.
ISBN 0585025568 (electronic bk.)
9780585025568 (electronic bk.)
9780262282208 (electronic bk.)
0262282208 (electronic bk.)
OCLC # 42329154
Additional Format Print version: Redman, Deborah A. Rise of political economy as a science. Cambridge, Mass. : MIT Press, 1997 0262181797 (DLC) 97022275 (OCoLC)37109146
Table of Contents
 List of Illustrations 
IThe Heritage1
 1Introduction: Scope, Purpose, and Limitations of this Study3
 2The Philosophical Background: Thinkers Who Influenced the Classical Economists9
   Francis Bacon (1561-1626) and the Philosophy of Science11
   Rene Descartes (1596-1650): Mathematical Scientist21
   Thomas Hobbes (1588-1679): Philosophizing vs. Experimentation35
   Isaac Newton (1642-1727): The Deductive-Mathematical Experimental Method43
   John Locke (1632-1704), Epistemological Uncertainty, and the "Historical, Plain Method"61
   David Hume (1711-1776): Pioneer in Moral Philosophy69
   Dugald Stewart (1753-1828) and Scottish Philosophy of Science83
   Sir John F. W. Herschel (1792-1871): Model Philosopher86
   William Whewell (1794-1866), Gentleman of Science93
 3Science in Eighteenth- and Nineteenth-Century Britain101
   The Emergence of Moral Philosophy102
   The Science of Man110
   The Method of Analysis and Synthesis128
   The Clock Metaphor131
   Social Engineering and the Diffusion of Economic Knowledge135
   The Birth of Econometrics142
 4A Short History of Induction159
   Bacon's Theory of Induction162
   A Closer Look at Newton's Third Step171
   The Myth of Causality and Its Consequences173
   Induction in the Hands of the Scots184
   Induction's Heyday: Herschel, Mill, and Whewell189
   Jevons and the Decline of Induction198
   The New Approach to Induction: Probability Theory200
   Karl Popper: Induction as Myth202
IIClassical Economic Methodology205
 5Adam Smith and His "Newtonian Method"207
   The Tie to Newton208
   Departures from Newtonian Method215
   The Significance of the Essay "The History of Astronomy"220
   Tying Up Odds and Ends: Other Clues to Smith's Method227
   The Legitimation of Science in Smith's System232
   Lessons for Today's Economist253
 6Malthus and Ricardo: Opposing or Complementary Methods?259
   Malleable Scientific Reputations259
   Education and Accomplishments268
   The Methodological Dialogue283
   Significance and Legacy of the Malthus-Ricardo Dialogue316
 7John Stuart Mill: Last of the Newtonians321
   The Historical Setting: Interest in Philosophy of Science Awakened321
   Mill's Analysis of the Methods of Natural Science326
   The Development of a Method of Social Science331
   The Inexact Science of Political Economy338
   Mill of Specific Methodological Issues in Political Economy343
   Mill's Place in the History and Philosophy of Science352
 8Concluding Remarks355
AppScience and The Gentleman's Magazine, 1731-1759361
 Selected Bibliography by Topic377
 Sources Cited421
 Author Index447
 Subject Index461

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