The methodology of W. Arthur Lewis's development economics: Economics as pedagogy |
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Affiliation: | 1. Department of Engineering and Technology Management, Portland State University, Portland, OR 97207, USA;2. Faculty of Economics and Business, University of Zagreb, Trg J. F. Kennedy 6, HR-10000 Zagreb, Croatia;1. Universidade Federal Fluminense, Brazil;2. Universidad de los Andes, Colombia |
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Abstract: | Lewis's work represents much of the best potential of economic science. Like Keynes he has transcended not only the ideology of natural law cosmology, but also the positivist-guided focus upon the endless testing of minute hypothesis and the endless formalization of non-falsifiable bodies of doctrine. Courageously and pragmatically, Lewis attempts to verify his theory not just statistically or in terms of internal logical consistency, but more broadly in terms of its accordance with general social knowledge, history, and social relevance in instructing humanity how to live better. His implicit methodology suggests that economics at its best is pedagogy. |
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