Capturing the Heart of Matters
Published online by Cambridge University Press: 05 November 2012
Introduction
Scientific models are not passive objects but form sophisticated instruments of enquiry. Models are objects to enquire into and to enquire with: economists enquire into the world of the economic model, and use them to enquire with into the economic world that the model represents. What kind of reasoning turns these pieces of mathematics or little diagrams into a means of enquiry? And how is it that these enquiries lead economists to feel that they have captured something of the heart of the matter, either of their theories or of the economic world, in their models?
The question: ‘How do economists use models?’ is, in one sense, easy to answer: they ask questions with them and tell stories! Or more exactly: they ask questions, use the resources of the model to demonstrate something, and tell stories in the process. At first sight, it is difficult to see exactly why questions are needed, or what the stories do. How does asking questions of models and telling stories with them enable them to function as epistemic instruments that economists might learn from using and that might capture the heart of anything? Let me begin with an example that shows how stories can shape the reasoning resources of models before going on to show how and why economists working with models typically ask questions and tell similar kinds of stories when they reason with them.
To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.