TY - JOUR
T1 - Meanings of methodological individualism
AU - Hodgson, G.M.
N1 - "This is an electronic version of an article published in Journal of Economic Methodology 2007 14 (2) pp.211-26. Journal of Economic Methodology is available online at: http://www.informaworld.com/." Copyright Taylor and Francis / Informa
PY - 2007
Y1 - 2007
N2 - Advocacy of ‘methodological individualism’ is a widespread, especially among economists. However, the term is rarely defined with adequate precision and some crucial ambiguities are explored in this article. Among these is the commonplace ambivalence over whether explanations should be in terms of individuals alone, or in terms of individuals plus relations between them. It is shown that a great deal hinges on this subtle and often overlooked distinction in explanantia. In particular, explanations in terms of individuals alone have never, as yet, been achieved. Furthermore, the more feasible version of explanations in terms of individuals plus relations between them amount to the introduction of social structure alongside individuals in the explanantia. Serious questions remain whether this version warrants the one-sided emphasis on individuals in the term ‘methodological individualism’.
AB - Advocacy of ‘methodological individualism’ is a widespread, especially among economists. However, the term is rarely defined with adequate precision and some crucial ambiguities are explored in this article. Among these is the commonplace ambivalence over whether explanations should be in terms of individuals alone, or in terms of individuals plus relations between them. It is shown that a great deal hinges on this subtle and often overlooked distinction in explanantia. In particular, explanations in terms of individuals alone have never, as yet, been achieved. Furthermore, the more feasible version of explanations in terms of individuals plus relations between them amount to the introduction of social structure alongside individuals in the explanantia. Serious questions remain whether this version warrants the one-sided emphasis on individuals in the term ‘methodological individualism’.
KW - Joseph Schumpeter
KW - social structures
UR - http://www.scopus.com/inward/record.url?scp=34250350307&partnerID=8YFLogxK
U2 - 10.1080/13501780701394094
DO - 10.1080/13501780701394094
M3 - Article
SN - 1350-178X
VL - 14
SP - 211
EP - 226
JO - Journal of Economic Methodology
JF - Journal of Economic Methodology
IS - 2
ER -