Part One From Economics to Science Studies 1

Introduction: Cracks, Hidden Passageways, and False Bottoms: The Economics of Science and Social Studies Economics 3

1. Confessions of an Aging Enfant Terrible 37

Part Two Science as an Economic Phenomenon 51

2. On Playing the Economics Card in the Philosophy of Science: Why It Didn’t Work for Michael Polanyi 53

3. Economics, Science, and Knowledge: Polanyi versus Hayek 72

4. What’s Kuhn Got to Do with It? 85

5. The Economic Consequences of Philip Kitcher 97

6. Re-engineering Scientific Credit in the Era of Globalized Information Economy 116

Part Three Rigorous Quantitative Measurement as a Social Phenomenon 145

7. Looking for Those Natural Numbers: Dimensionless Constants and the Idea of Natural Measurement 147

8. A Visible Hand in the Marketplace of Ideas: Precision Measurement as Arbitrage 169

Part Four Is Econometrics an Empirical Endeavor? 193

9. Brewing, Betting, and Rationality in London, 1822-1844: What Econometrics Can and Cannot Tell Us about Historical Actors 195

10. Why Econometricians Don’t Replicate (Although They Do Reproduce) 213

11. From Mandlebrot to Chaos in Economic Theory 229

12. Mandelbrot’s Economics after a Quarter-Century 251

13. The Collected Economic Works of William Thomas Thornton: An Introduction and Justification 273

14. Smooth Operator: How Marshall’s Demand and Supply-Curves Made Neoclassicism Safe for Public Consumption but Unfit for Science 335

15. Problems in the Paternity of Econometrics: Harry Ludwell Moore 357

16. Refusing the Gift 376

Notes 401

References 427

Index 459