Mary S. Morgan‏ – What if? Models, fact and fiction in economics

31-10-2013 | Ciclo de Conferencias

Tenemos el enorme agrado de invitarlos a la charla What if? Models, fact and fiction in economics a cargo de Mary S. Morgan (London School of Economics & University of Amsterdam).

Día: Martes 5 de Noviembre

Hora: 15 hs.

Lugar: Aula 230 Posgrado – FCE – UBA

Morgan LSE100 compressed and cropped twice

Mary S. Morgan is a Fellow of the British Academy and Overseas Fellow of the Royal Dutch Academy of Arts and Sciences.  She is Professor of History and Philosophy of Economics at the London School of Economics and University of Amsterdam.  Her book The World in the Model (2012) follows others on “travelling facts”, measurement, observation and econometrics.  She has recently held a BA-Wolfson Research Professorship for “Re-Thinking Case Studies Across the Social Sciences”.


What if? Models, fact and fiction in economics.
What would have happened to economic growth if the railway had not been invented?  What if the monetary system behaves like an hydraulic machine?  And why have economists argued about the exchanges that Robinson Crusoe might have made with Friday on their isolated island?  Materials from the history of economics and economic history are used to illuminate the importance of “What if?” questions in the creation and use of models.  Rather than understanding models as fictions (as recent philosophy of science suggests), models emerge as artefacts that combine elements of the factual and fictional, and their ability to answer “What if?” questions is critical to judging their plausibility in giving accounts of the economic world.