Popper modeled social science on economics and its method of situational logic.

Evidence

In concrete terms, this meant taking economics as a specific model, since it was the discipline which had long enjoyed a greater degree of formal perfection than the other social sciences and provided particularly powerful abstractions from social reality. Popper saw economics as practising the method of objective understanding, or situational logic'. … In this, theoretical reconstructions of actions objectively appropriate to the situation’ were elaborated. Such theoretical reconstructions were rational, accessible to empirical criticism, and capable of being improved. — Rolf Wiggershaus, The Frankfurt School, 597

Categorization

• DEFINE: Names ‘situational logic’ — the specific Popperian method being contrasted with Critical Theory’s approach.
• XREF: connects to: Popper’s situational logic translates subjective factors into objective ones, an unexplained translation. — Rolf Wiggershaus, The Frankfurt School: Its History,…, 597; Friedman’s methodology predated and developed independently from Popper’s — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 56
• yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Popper’s situational logic translates subjective factors into objective ones, an unexplained translation. — Rolf Wiggershaus, The Frankfurt School: Its History,…, 597; Friedman’s methodology predated and developed independently from Popper’s — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 56