Abstract

The methodology of classical economics presents a fascinating glimpse of Enlightenment scientists wrestling with ancient epistemological problems that were considered overcome in the new age. The tension between hypotheses and empirical investigation abolished by transcending the old metaphysical and religious idols recurs as efforts are made to clarify the new practice of physical science and to extend this practice to the study of human action; debates arise over the source and use of “hypotheses” and the ancient Platonic-Aristotelian split is given new life. Deborah Redman has written a magisterial review of this development.