The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Epistemological Issues in Economics

  • Shaun Hargreaves-Heap
  • Martin Hollis
Reference work entry


Economics has raised such high hopes with its sophisticated techniques that the lack of agreed findings sets a puzzle. It will be suggested here that this lack of agreement reflects an epistemological puzzle, partly of how to recognize a causal law and partly of whether the search should be for causal laws in any case.

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Shaun Hargreaves-Heap
    • 1
  • Martin Hollis
    • 1
  1. 1.