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A Method for Theoretical Innovation in Economics

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  • Arnold Wentzel

Abstract

How can more theoretical innovation in economics be stimulated? Clues to the answer can be derived from the work of theorists who have been recognised for their innovative contributions to economic theory and from the philosophy of scientific progress. This paper takes the view that scientific progress is propelled by the need to address unsolved […]

Suggested Citation

  • Arnold Wentzel, 2007. "A Method for Theoretical Innovation in Economics," Working Papers 066, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:066
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    economic theory; Technological Innovation;

    JEL classification:

    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General

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