Here Reiss, a promising young scholar at Columbia University and LSE, offers an alternative economic methodology that reconciles the two schools of thought. Using detail and cases studies he also presents an account of how science should be practiced.

Julian Reiss is Assistant Professor in the Department of Philosophy at Erasmus University, Rotterdam, and a Research Associate of the Centre for Philosophy of Natural and Social Science, London School of Economics.

1. Evidence-Based Economics: What It Is and What It Isn't 2. Methodology and Expert Judgement in Evidence-Based Economics: Lessons from the CPI Controversy 3. Readdressing the Quality-Change Issue 4. Measurement Between the Absolute and the Arbitrary 5. For a New Experimentalism in Experimental Economics 6. The Role of Theory in Evidence-Based Economics: Models, Mechanisms and Thought Experiments 7. Practice Ahead of Theory: Natural Experiments and Causal Instrumental Variables 8. Explanatory Mechanisms and the Aims of Economics 9. Social Capacities 10. Uncertainty in Econometrics - Evaluating Policy Counterfactuals