Skip to main content

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.

  • Commentary
  • Published:

The lack of progress in economics

It is possible for economics to become a science — if only the discipline would abandon its present practice of eschewing empirical tests of its theories in favour of ‘formal’ ones  

This is a preview of subscription content, access via your institution

Access options

Buy this article

Prices may be subject to local taxes which are calculated during checkout

References

  1. Why Economics Is Not Yet a Science (ed. Eichner, A.S.), (Sharpe, Armonk, New York, 1983).

  2. Samuelson, P. Foundations of Economic Analysis, (Harvard University Press, Cambridge, Massachusetts, 1948).

    MATH  Google Scholar 

  3. Blaug, M. The Methodology of Economics 159–169 (Cambridge University Press, 1980).

  4. Pasinetti, L.L. Structural Change and Economic Growth, (Cambridge University Press, 1983).

  5. Eichner, A.S. Managerial and Decision Economics 4, 135–151 (1983).

    Article  Google Scholar 

  6. Eichner, A.S. A Guide to Post-Keynesian Theory (Sharpe, Armonk, New York, 1979).

    Book  Google Scholar 

  7. Eichner, A.S. & Kregel, J.A. J. Econ. Lit. 13, 1293–1314 (1975).

    Google Scholar 

  8. Eichner, A.S. Towards a New Economics (Sharpe, Armonk, New York, 1985).

    Book  Google Scholar 

  9. Robinson, J. Rev. econ. Stud. 21, 81–106 (1954).

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

About this article

Cite this article

Eichner, A. The lack of progress in economics. Nature 313, 427–428 (1985). https://doi.org/10.1038/313427a0

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1038/313427a0

This article is cited by

Search

Quick links

Nature Briefing

Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily.

Get the most important science stories of the day, free in your inbox. Sign up for Nature Briefing