The Methodology of Positive Economics.¶
Friedman, M. (1953). The Methodology of Positive Economics. Essays in Positive Economics.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Cost–Benefit Analysis
- Friedman 1953
This sourceLead essay establishing the positivist view that assumptions need not be realistic if predictions hold; provides methodological framing for separating CBA's empirical apparatus from its normative commitments. Verified support.
- Friedman 1953
- Frictionless Benchmark Reasoning
- This physics practice is the explicit historical ancestor of MM and the efficient-market hypothesis.
This sourceDefends deliberately unrealistic idealised assumptions as a methodological move judged by predictive use rather than realism — the methodological lineage behind treating frictionless models (MM, EMH) as coordinate systems rather than empirical claims.
- This physics practice is the explicit historical ancestor of MM and the efficient-market hypothesis.
Verification¶
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Links previously used in the corpus¶
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