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Mechanistic complexity economics: a methodological framework for economic science

by Matthew Tuxford

Institution:	Macquarie University
Department:
Degree:
Year:	2022
Keywords:	Other education not elsewhere classified; complexity economics; Complexity (Philosophy); scientific explanation; methodology of economics
Posted:	3/25/2025
Record ID:	2253043
Full text PDF:	http://hdl.handle.net/10.25949/19438040.v1

Abstract

The central argument of this thesis is that economic science requires a methodological reorientation in order to realign with contemporary philosophy of science. This is argued with reference to both the the history of general philosophy of science - in particular the literatures on scientific explanation and the structure of scientific theories - and the history of the methodology of economics. It is also argued that the heterodox school of economic thought, known as complexity economics, offers a valid basis for achieving such a reorientation.