The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Hutchison, Terence Wilmot (1912–2007)

  • Roger E. Backhouse
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_950

Abstract

Terence Hutchison, a specialist in economic methodology and the history of economic thought, defended the idea that, if economics was to make progress, economic propositions needed to be testable and confronted with evidence. This, together with scepticism about theory based on the assumption of perfect knowledge, informed not only his methodological writing but also his work on the history of economics.

Keywords

Economic policy Economic theory History of economics Hutchison, Terence Wilmot Machlup, Fritz Ricardo, David Robbins, Lionel Robinson, Joan Statistics Truth in economics 
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Notes

Acknowledgments

This article draws on an obituary written by the author for The Times, published on December 5, 2007. See Coats (1983a, b) for appraisals of Hutchison’s work, and the interviews recorded in Tribe (1997) and Hart (2002).

Bibliography

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Roger E. Backhouse
    • 1
  1. 1.