Soros & the theory of reflexivity

23 Jan, 2014 at 10:17 | Posted in Theory of Science & Methodology | 2 Comments

jemThe Journal of Economic Methodology has published a special issue on the theory of reflexivity developed by George Soros.

The issue includes a new article by Soros and responses and critiques from 18 leading scholars in economics and the history and philosophy of science.

The issue can be accessed free of charge here.

2 Comments

  1. Hi Lars,

    May I ask you, do you know an economist who tried to use reflexivity in order to justify rational expectations? Like saying that people do have model-consistent expectations because of the influence of what they think on what actually is.

  2. Soros’ article got me very cross – until I read his note at the end. From a mathematical point of view he still repeatedly contradicts himself, but is still worth reading: it may even lead to a break though: after all, money is still respected.

    I blog on the implications for the role of mathematics using an example of driverless cars at http://djmarsay.wordpress.com/2014/01/23/traffic-bunching/

    Thanks for the pointer.


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