Positivism is a philosophy of science based on the view that in the social as well as natural sciences, information derived from sensory experience, and logical and mathematical treatments and reports of such data, are together the exclusive source of all authoritative knowledge. It assumes that there is valid knowledge (truth) only in scientific knowledge.
Well most econs think econ history and history of econ though is not based on positivism. Hence history is not taught etc in schools. He obviously disagrees and makes a case for teaching history at both the undergrad and grad levels.
He points to several reasons to study econ history:
- All people love original stories
The history of economics provides a means, through the reading of original texts and related
documents, of engaging with some of the Greatest Minds that the world has known
The history of economics course is ideal for developing what are often called “critical thinking” skills.
- History is presented in new settings and new wrappings. Basically it keeps repeating or rhyming in new forms. Friedman called its Old Wine in New bottles
- Helps correct egregious errors of interpretation
- Provides alternatives to mainstream views
Extracting from PDF is tough. So leaving it for the viewers to read and discuss..