000 01225pab a2200157 454500
008 180718b2005 xxu||||| |||| 00| 0 eng d
100 _aSchliesser, Eric
245 _aGalilean reflections of Milton Friedman's "Methodology of Positive Economics," with thoughts on Vernon Smith's "Economics in the Laboratory"
260 _c2005
300 _ap.50-74.
362 _aMar
520 _aIn this article, the author offers a discussion of the evidential role of the Galilean constant in the history of physics. The author argues that measurable constants help theories constrain data. Theories are engines for research, and this helps explain why the Duhem-Quine thesis does not undermine scientific practice. The author connects his argument to discussion of two famous papers in the history of economic methodology, Milton Friedman's "Methodology of Positive Economics," which appealed to example of Galilean Law of Fall in its argument; and Vernon Smith's "Economics in the Laboratory". While the author offers some criticism of Friedman and Smith, most of the article is a friendly reinterpretation of their insights. - Reproduced.
650 _aEconomics
773 _aPhilosophy of the Social Sciences
909 _a64331
999 _c64331
_d64331