continues to receive many reviews. Judging by recent reviews, this is a very controversial book. The question considered here is, how can one fairly review a controversial book—particularly when the book is widely popular and, for a history of economic thought book, a best seller? This essay uses Mirowski’s book as a case study to propose one answer for this question. In the process, it will examine how others seem to have answered this question. Key Words: methodology • reviews • (...) Mirowski • Machine Dreams. (shrink)

One way of responding to the question of what PPE is involves mobilizing the tools that PPE involves. That is the exercise attempted in this article. The object is to use PPE as a method to analyze PPE as a subject matter. PPE is, whatever else, an interdisciplinary enterprise; so the point of departure involves analyzing the role and properties of disciplines within the institutional organization of enquiry. The basic idea is that enquiry is governed by a ‘division of epistemic (...) labour’ in Adam Smith’s sense, and that that division of labour depends for its working on institutions for the reliable certification of claims. Disciplines are such ‘institutions’. As such, they are indispensable. But they impose centripetal forces within the organization of enquiry that stand against interdisciplinary work. Understanding these forces offers some hope of securing an ‘optimal’ compromise between the benefits and costs that disciplines entail. Examples are offered from each of the disciplines involved in PPE separately, and some observations are offered about the architecture of the three disciplines’ interrelationships. (shrink)

(No abstract is available for this citation).

Social science employs teleological explanations which depend upon the rationality principle, according to which people exhibit instrumental rationality. Popper points out that people also exhibit critical rationality, the tendency to stand back from, and to question or criticise, their views. I explain how our critical rationality impugns the explanatory value of the rationality principle and thereby threatens the very possibility of social science. I discuss the relationship between instrumental and critical rationality and show how we can reconcile our critical rationality (...) with the possibility of social science if we invoke Popper’s conception of limited rationality and his indeterminism. (shrink)

Attempts to explain human behavior that appeal to economic rationality share many of the same ontological as- sumptions and methodological practices that the so-called ‘adaptationist program’ in biology was criticized for. This program in biology was largely abandoned by biologists as poorly motivated, and replaced with the active testing of both adaptive and non-adaptive hypotheses regarding the spread and maintenance of traits in populations. This development was largely welcome by the biological <span class='Hi'>community</span>, despite having required the development of new (...) tools, both conceptual and method- ological. Many analysts of contemporary microeconomic practice criticize the assumptions and practices employed therein as similarly poorly motivated. Close attention to these criticisms reveal them to have more than superficial similarities to the critiques of adaptationism in biology. These similarities extend to some macroeconomics researchers recent suggestions of ways that hypotheses regarding the causes of people’s actions might be tested; as yet, however, these suggestions have not been embraced by the field as a whole. By attending to the ways in which biological practice has moved beyond the adaptationist program, similar changes in economic practice may be motivated. (shrink)