John Stuart Mill's Philosophy of Economics
- 1 September 1981
- journal article
- research article
- Published by Cambridge University Press (CUP) in Philosophy of Science
- Vol. 48 (3) , 363-385
- https://doi.org/10.1086/289005
Abstract
John Stuart Mill regards economics as an inexact and separate science which employs a deductive method. This paper analyzes and restates Mill's views and considers whether they help one to understand philosophical peculiarities of contemporary microeconomic theory. The author concludes that it is philosophically enlightening to interpret microeconomics as an inexact and separate science, but that Mill's notion of a deductive method has only a little to contribute.This publication has 7 references indexed in Scilit:
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