Nils Fröhlich: The timeliness of the labor theory of value. Theoretical and empirical aspects. Metropolis Verlag Marburg 2009th ISBN 978-3-89518-756-8.
With this book raised the question of whether the AWT (labor theory of value) is currently still or again. But already the question is wrongly put. Within a science it is fundamentally not about whether a theory is current or obsolete, alive or dead, but whether it represents true knowledge.
the misleading way to put the problem in a way minimum can be traced down to Joseph A. Schumpeter.
"It should therefore be clear, not only was that from the Marxist sense whatsoever, the validity of marginal utility theory of value (which they opposed) to question, as they did in the beginning, but that it also incorrectly is the labor theory of value to call 'false'. In any case, it is dead and buried "
(Joseph A. Schumpeter: Capitalism, Socialism and Democracy A. Franke: 6th edition Tübingen 1987 (UTB 172; first: 1942) ISBN 3-7720-1298 -... 1, p. 48f.)
Schumpeter's quest, the marginal utility theory more general than the theory over additional set of AWT and thus "the more valuable parts" to integrate them (similar to later, the official "Keynesianism" certain ideas of Keynes in the neoclassical theory incorporated and thus rendered harmless), it has one side of the Schumpeter-test, the AWT to . cope The other side is its simple polemic turn, explain it too easy to be dead. The AWT is "out" just as beautiful today says. Is this meant merely as a statement of the history of science fact? Or intelligence-logical argument? Or even "evidence"? Here one may assume that it will be all in one and are in line with the overall purpose intended to make you forget an unpopular theory.
"Economic theories do not die, they just forgot."
(Jürgen Niehans: Thünen Lecture classical myth as a national economic Journal of Economics and Social Sciences, 109, 1989, p. 1-17...)
This repeated Niehans only insights, as they had previously Keynes and James Kenneth Galbraith expressed in terms of the more sociological than scientific evidence-logical character of the paradigm shift in economics and economic policy.
"But, at best, change in economics has been reluctant and reluctantly accepted. Those who benefit from the status quo resist change, as Thurs economists who have a vested interest in what has always been taught and believed "
(John Kenneth Galbraith. Economics in Perspective: A Critical History Houghton Mifflin Company, Boston 1987... misdirected may describe ISBN 0-395-35572-9. p. 2)
so aptly Niehans the thesis a scientific sociological fact, it serves as a metatheoretical judge the quality of knowledge of scientific theories. If the economics as an empirical science or can be addressed as an experience or science of reality, at least puts the naive layman and expert judgments generally the economic buyer Correspondence theory of truth based, ie a statement is held to be true, whether it agrees with reality or the facts in question. Finally, a newspaper reader wants to know what in his world, in which he intends to continue to live economically is going on. For economists, however, the tendency has prevailed to judge a statement will be true if the prevailing opinion among them, that the mainstream thinking of vehicles. In practice, this has the result that they are based on a consensus theory of truth: As a true, which recognize the authority of science as "true" and what can be logically attributed to it. A corollary is that the inquiry lawful Relationships of cause and effect is replaced by the scholastic exercises of mathematical function models, and empirical truth as a criterion is replaced by the aesthetic criteria of formal elegance. Hans Albert aptly called this " Modellplatonismus .
It was left to Joachim Weimann, to be collected in the academic economics dominating bad practice to explicitly model wissenschaftsmethodologischen model.
"Given the assumption that there is a scientific community neoclassical economists and that this has with the general equilibrium theory a paradigmatic theory T requires it is the last of the assumption of a specific cognitive interest with respect to which the T-fixed assumptions about the motives of rational action are functional. . Such interest in knowledge could be to demonstrate the basic function and the optimality of decentralized allocation systems "(p. 260)
(Joachim Weimann: reflections on theory concept in economics Journal of Economics and Social Sciences, 109 (2), 1989. , p. 233-264.)
science is not like pop music, especially the lives or dies, depending on whether the Board holds for this fan club. And scientific knowledge is not a new way to decide whether their empirical truth, according to statutes
complained How Heiner Flassbeck, it herrrscht just among economists, the prevailing Zitierkartell respectively.
"As the Science is dominated of course by the ruling opinion in science, measure the required" scientific "primarily interested in the publications of the staff of the Institute in prestigious scientific journals, the whole print mostly mainstream, because they define it .
(Heiner Flassbeck: Glass Bead Game or economics - The Decline of Economics leaves. for German and international politics, Issue 9 / 2004, S.1071-1079.)
With what conservative-authoritarian results practically anything works, you can splendid study on Wikipedia, which has indeed nothing more as an encyclopedia made while the prevailing opinion to represent each faithfully than authoritative. The question of empirical truth is replaced by the question of the greater authority of a source. As if Fallibilisten as Hans Albert had never criticized the dogmatic "solution" of Munchausen trilemma.
(Michael Schmidt-Salomon: The "Münchhausentrilemma" or: Is it possible, on your own to draw bootstraps? )
One has however to the author Nils happy, that he may have chosen poorly with the title of the hanger. The fact that he explicated but in contrast to mainstream representatives not only an economic theory but also verified empirically. That alone is important. Because
"Who really forces us to declare the pseudo-causal thinking of the neo-classicism as the only possible form of theoretical analysis?"
(Hans Albert.. The logical character of theoretical economics Yearbook of Economics and Statistics, 171, 1959 p. 32)
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