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Inductive Reasoning

In: On Keynes’s Method

Author

Listed:
  • Anna M. Carabelli

    (University of Pavia)

Abstract

An inference is usually called inductive when it permits us to pass from statements referring to particulars to general statements. Induction has been one of the crucial topics of modern epistemology. It has been widely accepted that empirical sciences are characterised by their use of inductive methods. But the epistemological status of induction has been a recurrent theme of discussion. Therefore Keynes’s treatment of induction represents one of the main points to be considered in probing his attitude towards scientific method.1 His attitude toward induction was to play a crucial role in his methodological approach to economics; the position he took in his controversy with Tinbergen, which we will consider in Chapter 10, is a good example of this.

Suggested Citation

  • Anna M. Carabelli, 1988. "Inductive Reasoning," Palgrave Macmillan Books, in: On Keynes’s Method, chapter 4, pages 61-71, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-19414-8_4
    DOI: 10.1007/978-1-349-19414-8_4
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