Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/43709 
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dc.contributor.authorDe Vroey, Michelen
dc.date.accessioned2010-12-13-
dc.date.accessioned2011-01-20T10:52:43Z-
dc.date.available2011-01-20T10:52:43Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/43709-
dc.description.abstractThis paper concerns a neglected aspect of Lucas's work: his methodological writings, published and unpublished. Particular attention is paid to his views on the relationship between theory and ideology. I start by setting out Lucas's non-standard conception of theory: to him, a theory and a model are the same thing. I also explore the different facets and implications of this conception. In the next two sections, I debate whether Lucas adheres to two methodological principles that I dub the 'non-interference' precept (the proposition that ideological viewpoints should not influence theory), and the 'non-exploitation' precept (that the models' conclusions should not be transposed into policy recommendations, in so far as these conclusions are built into the models' premises). The last part of the paper contains my assessment of Lucas's ideas. First, I bring out the extent to which Lucas departs from the view held by most specialized methodologists. Second, I wonder whether the new classical revolution resulted from a political agenda. Third and finally, I claim that the tensions characterizing Lucas's conception of theory follow from his having one foot in the neo-Walrasian and the other in the Marshallian-Friedmanian universe.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2010-28en
dc.subject.jelB22en
dc.subject.jelB30en
dc.subject.jelB31en
dc.subject.jelB41en
dc.subject.ddc330en
dc.subject.keywordLucasen
dc.subject.keywordnew classical macroeconomicsen
dc.subject.keywordmethodologyen
dc.subject.stwNeue klassische Makroökonomiken
dc.subject.stwWissenschaftliche Methodeen
dc.subject.stwDogmengeschichteen
dc.titleLucas on the relationship between theory and ideology-
dc.typeWorking Paperen
dc.identifier.ppn641575084en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:201028en

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