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" Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the theory, the more unrealistic the assumptions (in this sense). The... "
Social Multi-Criteria Evaluation for a Sustainable Economy - Page 86
by Giuseppe Munda - 2007 - 210 pages
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Essays in Positive Economics

Milton Friedman - 1953 - 336 pages
..."realism" of its "assumptions" is almost the opposite of that suggested by the view under criticism. Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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Public Administration as a Developing Discipline: Part 1: Perspectives on ...

Golembiewski - 1977 - 274 pages
...significance of a theory and the "realism" of its "assumptions" is almost the opposite of that [expected.] Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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The Rules of the Game: The Logical Structure of Economic Theories

J. J. Klant - 1984 - 224 pages
...test of the validity of the hypothesis different from or additional to the test by implications . . . Truly important and significant hypotheses will be found to have 'assumptions' that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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The Political Theory of Conservative Economists

Conrad Waligorski - 1990 - 280 pages
...expected returns . . . and had full knowledge of the data needed to succeed in this attempt." He believes that "[t]ruly important and significant hypotheses will be found to have 'assumptions' that are wildly inaccurate descriptive representations of reality."8 Friedman intends that this position be...
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Nested Games: Rational Choice in Comparative Politics

George Tsebelis - 1991 - 290 pages
...in Friedman's seminal article, "The Methodology of Positive Economics." Friedman (1953, 14) claims, "Truly important and significant hypotheses will be found to have 'assumptions' that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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Milton Friedman: Economics in Theory and Practice

Abraham Hirsch, Neil De Marchi - 1991 - 338 pages
...in 'Positive econom-ies' that has created a storm of controversy. There Friedman tells us (P- 14): Truly important and significant hypotheses will be found to have 'assump-tions' that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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Idealization VI: Idealization in Economics

Bert Hamminga, Neil De Marchi - 1994 - 372 pages
...preposterous view that to contain false assumptions is not a-vice but a virtue of economic theories: Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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New Directions in Economic Methodology

Roger Backhouse - 1994 - 404 pages
...should be 'more* realistic. A radical position along these lines has been formulated to read as follows: 'Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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The Philosophy of Economics: An Anthology

Daniel M. Hausman - 1994 - 484 pages
..."realism" of its "assumptions" is almost the opposite of that suggested by the view under criticism. Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the...
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Volkswirtschaftslehre ist Kulturwissenschaft: Ökonomik zwischen ...

Steffen W. Groß - 1999 - 724 pages
...criteria 'simplicity' and 'fruitfullness' (...)." Ebenda, S. 10. Vgl. ebenda, S. 21 f.. Ebenda, S. 21. 'assumptions' that are widely inaccurate descriptive...more significant the theory, the more unrealistic the assumptions."14 Mit einigen Verrenkungen wird man bis hierhin noch zustimmen können, doch Friedman...
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