Megner critisezed the historical school on their inductivist method. M counted that Economics tush proceed neither initially nor wholly from facts alone, even point out relies on a a-priori theoretical concepts and comment cant itself jock to an explanation of economic phenomena. 1. Megner claimed that the assay to understand and explain sincerely economic phenomena must reach behind the superficial appereances and strive to understand the underlying essences. 2. Historical school applied empiric method, but Menger asserts that it is flowed in methodological terms. Empiricism is demonstrated as internally inconsistent according to Megner. Since! 1.Any empirical investigation dep mop ups on the non-empirical assumption of identity,continuity and measurability. So meaningful empirical investigation isnt possible without some common types and qualities across time and space. 2. purely empirical approach cant produce adequate or general knowledg e of complex phenomena as it is focused on the flux of superficial appearances?cant create knowledge of the lead/persisting elements. The underlying essences must be enduring human body of than accidental. 3. In contrast to the representatives of the historical school who believed that theory could jumpstart merely from the study of empirical phenomena, Megner believed that theoretical presupposition was necessary in front empirical phenomena. Explanation It is impossible to make a line on the disbelief of economics or discuss a question without touching upon general theoretical concepts and propositions. Megner demonstrated inadequacy of description without prior theoretical concepts. Questions for discussion 1. Hodgson at the end of the article claims that Megners list concerning anti-inductivism is persuasive, do not create whatsoever problems. Do you associate that the rejection of inductivist theorizing is completely ir refutable? 2. What can inducive and d! eductive...If you want to appropriate a full essay, order it on our website: BestEssayCheap.com
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