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The Economics of Science: Methodology and Epistemology as if Economics Really Mattered (Routledge Frontiers of Political Economy)
 
 

The Economics of Science: Methodology and Epistemology as if Economics Really Mattered (Routledge Frontiers of Political Economy) [Hardcover]

James R Wible (Author)

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Book Description

0415172578 978-0415172578 January 16, 1998 1
Science is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual. This book begins with economic models of misconduct in science and the legitimate, normal practices of science, moving on to market failure, the market place of ideas, self-correctiveness, and the organizational and institutional structures of science. An exploration of broader methodological themes raised by an economics of science ends the work.

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The 'economics of science' used to be an obscure pasttime for philosophers enamoured of market metaphors. But with this book, we finally have an economist's take on the subject, one that drives home its significance by openly challenging his discipline's scientific pretensions. As one would expect of an economist, Wible sends a powerful message with minimal effort: the current state of economics itself violates the ideal conditions of a market economy. Readers can then assess Wible's arguments to determine whether blame lies in the practices of economists, their ideals or, quite possibly, both.
–Steve Fuller, University of Durham

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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
substitutes argumentative structure, epistemic scarcity, nonmarket organizational structures, unreplicable research, positive economic methodology, nonjustificational conception, reducing probable error, research project selection, mathematical political economy, replication failure, positive economic science, positive economist, citation space, economic methodologists, economic opposite, nonmarket processes, rival research programs, complements theory, economic theory and method, evolutionary conception, substitutes theory, substitutes conception, nonmarket organizations, significant imperfections, conventional microeconomics
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Karl Popper, Peirce's Note, William Bartley, Nicholas Rescher, Milton Friedman, New Classical, Great Depression, Theory of the Economy of Research, Thomas Kuhn, David Hull, Michael Polanyi, Charles Sanders Peirce, Imre Lakatos, Methodology of Positive Economics, The Retreat, Friedrich Hayek, Oliver Williamson, Coast Survey, John Dewey, Kenneth Arrow, National Institutes of Health, Cyril Burt, Rhetoric of Economics, Ronald Coase, United States
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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