“Every System of Scientific Theory Involves Philosophical Assumptions” (Talcott Parsons). The Surprising Weberian Roots to Milton Friedman’s Methodology

  • Eric SchliesserEmail author
Conference paper
Part of the The Philosophy of Science in a European Perspective book series (PSEP, volume 2)


The main point of this paper is to contribute to understanding Milton Friedman’s 1953 “The Methodology of Positive Economics” (hereafter F1953), one of the most influential statements of economic methodology of the twentieth century, and, in doing so, help discern the non trivial but complex role of philosophic ideas in the shaping of economic theorizing and economists’ self-conception.1 It also aims to contribute to a better understanding of the theoretical origins of the socalled ‘Chicago’ school of economics.


American Economic Review Demand Curve Ideal Type Positive Science Positive Economic 
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Copyright information

© Springer Science+Business Media B.V. 2011

Authors and Affiliations

  1. 1.Philosophy and Moral SciencesGhent UniversityGhentBelgium

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