The fragility of a discipline when a model has monopoly status

The fragility of a discipline when a model has monopoly status We consider the consequences of a scientific literature with only one model of an important phenomenon. The falsification of the model would mean falsification of the science. Scientists who would prefer not to have their discipline falsified will be tempted to find ad hoc explanations to excuse the failure. To test this hypothesis we propose a study of the economic forecasts of the comparative Soviet and American growth rates in the years before a public choice model of central planning was a viable alternative to the public interest model. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

The fragility of a discipline when a model has monopoly status

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2006 by Springer Science + Business Media, Inc.
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-006-7344-5
Publisher site
See Article on Publisher Site

Abstract

We consider the consequences of a scientific literature with only one model of an important phenomenon. The falsification of the model would mean falsification of the science. Scientists who would prefer not to have their discipline falsified will be tempted to find ad hoc explanations to excuse the failure. To test this hypothesis we propose a study of the economic forecasts of the comparative Soviet and American growth rates in the years before a public choice model of central planning was a viable alternative to the public interest model.

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Jan 1, 2006

References

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