Chapter 1 Introduction: useful philosophy of economics
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The rationale for chapter commissions for Elgar’s Modern Guide to Philosophy of Economics is explained, and contents of specific chapters are summarised. The Modern Guide encourages a philosophy of economics close to the practice of economic research. Chapters are closely embedded in methodological and conceptual issues with which working economists engage out of practical necessity and not only intellectual curiosity. Ten of the 15 chapters are by authors based in economics departments, with the remaining 5 being by scholars who mainly identify as philosophers of science. All tackle specific problems in an argumentative way that reflect the actual, engaged commitments of the authors and that arise from their own ongoing research. The book aims to help economists achieve improved professional self-awareness in real economic modelling, research, and policy development.