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RESEARCH PRODUCT

“A certain amount of ‘recantation’”: On the origins of Frank H. Knight’s antipositivism

Luca Fiorito

subject

Economics and EconometricsHistoryAmerican institutionalism060106 history of social sciencesKnight Frank; Economic methodology; Economics and physics; American institutionalismjel:B21jel:B40jel:B410502 economics and businessInstitutionalismEconomics and physic0601 history and archaeologySociology050207 economicsEconomic methodologyRecantationjel:B3105 social sciencesEconomic methodologyCharacter (symbol)06 humanities and the artsKnight FrankNeoclassical economicsDigressionEpistemologySection (archaeology)AntipositivismSettore SECS-P/04 - Storia Del Pensiero EconomicoKnightFrank H. Knight

description

The aim of this paper is to investigate in some detail the origins of Knight’s antipositism and to assess the main influences that brought him to a change in methodological perspective after 1921. As importantly, what follows is also an attempt to increase our general understanding of the methodological debates taking place during the early decades of the last century and to shed new light on the inherently pluralistic character of US interwar economics. This paper is organized as follows: the first section outlines Knight’s methodological views as presented in his early works; the second section discusses Knight’s “recantation” and his attack on behavioristic social science; the third section analyze Knight’s discussion of the nature and limitations of scientific economics; the fourth section offers a brief digression on Knight’s relationship with American institutionalism; the fifth section deals with the later developments of Knight’s antipositivism; the final section presents some conclusions

10.1215/00182702-3452279http://hdl.handle.net/10447/180933