10

Basic Concepts in the Philosophy of Science

10.1Introduction

The word philosophy, as we all know, is derived from the two Greek words, philo (to love) and sophia (wisdom). So, philosophy means, love of wisdom. Wisdom means much more than mere knowledge. In practical terms, it may be said that wisdom consists of an in-depth understanding of facts and events, their interrelations and interconnections, and also their consequences and implications. This calls for the knowledge of the ‘what’, ‘how’ and ‘why’ of things. Thus, generally speaking, philosophy deals with three fields of inquiry: metaphysics, epistemology, and axiology. Metaphysics is the study of reality. What things or objects are real? What constitutes reality? What is the nature ...

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