ABSTRACT

Since its initial publication in 1953, Friedman’s seminal paper has been a central focus of attention for a vast number of economic methodologists. Consequently, it is not surprising that both Lawson and Mäki, the two major contemporary exponents of scientific realism in the domain of economic methodology, have engaged Friedman’s position. This realist engagement explicitly serves the dual purpose of, first, articulating the manner in which scientific realism is to be applied to economic methodology and, second, furnishing a realist critique of Friedman’s theses.