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Media type:
E-Article
Title:
The ideologies of positive economics: technocracy, laissez-faire, and the tensions of Friedman's methodological claims
Contributor:
Rugitsky, Fernando
Published:
FapUNIFESP (SciELO), 2015
Published in:
Estudos Econômicos (São Paulo), 45 (2015) 3, Seite 499-525
Language:
Not determined
DOI:
10.1590/0101-416145342fmr
ISSN:
0101-4161
Origination:
Footnote:
Description:
AbstractThe purpose of this paper is to address some connections between Milton Friedman's classic essay on methodology and the rise of neoliberal thinking. In order to do so, it briefly reconstructs Friedman's methodological claims and reinterprets the debate about them. Emphasis is put on the tensions between instrumentalism and realism or pragmatism, and between empiricism and the defense of Chicago price theory. Then, these tensions are related to a tension that is arguably inherent in neoliberalism, between technocracy and laissez-faire. The argument presented aims to contribute to bridging the gap between the recent literature on neoliberalism and the older one on Friedman's methodological essay.