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Implicit Theorizing: A Methodological Criticism of the Neo-Cambridge School

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  • Wassily Leontief

Abstract

I. Distinction between logical and methodological problems, 337. — II. Methodological pattern of a deductive theory, 339. — III. Implicit vs. explicit definitions, 342. — Fundamental limitations of implicit theories, 344. — IV. Examples of implicit theorizing: Joan Robinson's "corrected units," 346. — R. F. Kahn's theory of "ideal output," 347. — J. E. Hicks' generalized concept of elasticity of substitution, 348. — J. M. Keynes' concepts of aggregate supply and demand curves, 349.

Suggested Citation

  • Wassily Leontief, 1937. "Implicit Theorizing: A Methodological Criticism of the Neo-Cambridge School," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(2), pages 337-351.
    • Handle: RePEc:oup:qjecon:v:51:y:1937:i:2:p:337-351.
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    Cited by:

    1. Carlo Milana, 2024. "Refuting Samuelson’s capitulation on the re-switching of techniques in the Cambridge capital controversy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 37(2), pages 179-197, June.
    2. Piero Ferri, 2011. "Macroeconomics of Growth Cycles and Financial Instability," Books, Edward Elgar Publishing, number 14260.
    3. Sordi, Serena & Vercelli, Alessandro, 2012. "Heterogeneous expectations and strong uncertainty in a Minskyian model of financial fluctuations," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 544-557.
    4. Heinz D. Kurz, 2017. "Is there a “Ricardian Vice”? And what is its relationship with economic policy ad“vice”?," Journal of Evolutionary Economics, Springer, vol. 27(1), pages 91-114, January.
    5. Kakarot-Handtke, Egmont, 2014. "Mathematical Proof of the Breakdown of Capitalism," MPRA Paper 52910, University Library of Munich, Germany.
    6. Di Domenico, Lorenzo & Raberto, Marco & Safarzynska, Karolina, 2023. "Resource scarcity, circular economy and the energy rebound: A macro-evolutionary input-output model," Energy Economics, Elsevier, vol. 128(C).
    7. Teodoro Dario Togati, 2021. "General Theorizing and Historical Specificity in the ‘Keynes Versus the Classics’ Dispute," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 47(2), pages 273-294, April.
    8. Carlo Milana, 2019. "Solving the Reswitching Paradox in the Sraffian Theory of Capital," Applied Economics and Finance, Redfame publishing, vol. 6(6), pages 97-125, November.
    9. Akhabbar, Amanar, 2007. "Leontief et l'économie comme science empirique: la signification opérationnelle des lois [Leontief and economics as an empirical science: the “operational meaning” of laws]," MPRA Paper 30453, University Library of Munich, Germany.

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