Ronny M. Condor

Ronny M. Condor

Eternal learner and economist attempt

The need for methodology in the construction of economic theories (with Joan Miranda)

less than 1 minute read

Published:

Although it is impossible to deny the scientific status of Economics, it becomes necessary to ask what are the methodological requirements on which it rests, such as what is the logical structure of a theory, what properties characterize the set of propositions that make up a theory? Then, what are the common fallacies in the construction of theories? Finally, how are causal relations constructed, when can a theory be said to be invalid? The blog post will try to answer the questions posed.

Read the complete blog post in Spanish here.

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In September I received the news that my application to the EGAP Learning Days was accepted. It was a huge surprise and also a great honor, since I knew that researchers with a broad academic background and experience in experimental evaluations had participated in previous versions of this workshop. Probably, the evaluation proposal with which I applied was very appealing to the jury and, in addition, the fact that the project -although on a small scale- is currently active, added an special value and a latent possibility of scaling up.

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Amartya Sen points out that poverty should also be conceived as the deprivation of basic capabilities and not only as the lack of income (Sen, 2000). Although it is true that income is a means to achieve certain capabilities, it is not the only one; therefore, he suggests that poverty cannot be reduced to being only a monetary phenomenon.