ABSTRACT
The two approaches have much in common. Both argue that successful substantive research requires analytical tools that are tailored to suit the nature of the subject-matter under investigation. Both devote a great deal of attention to developing an abstract picture of the nature of the socioeconomic world, which then forms the basis for their respective accounts of the methods appropriate for studying socio-economic life. And both conclude that the methods of mainstream economics are ill-suited to the social material to which they are applied.3
