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Ekonomie vědy - naděje, nebo léčka?
[Economics of Science - A Hope or a Pitfall?]


  • Marek Loužek


The paper poses the question whether the economics of science could be the key to economic methodology. First, the sociology of science, which tries to put science in social context, is described. Then, the economic approach to science, inspired by Tullock, Stigler and Becker, is explained. We point out the problem of circle, according to which putting science in context does not imply relativism as concerns the truth. This conclusion underlines the Popperian message of the paper.

Suggested Citation

  • Marek Loužek, 2012. "Ekonomie vědy - naděje, nebo léčka?
    [Economics of Science - A Hope or a Pitfall?]
    ," Politická ekonomie, University of Economics, Prague, vol. 2012(4), pages 536-550.
  • Handle: RePEc:prg:jnlpol:v:2012:y:2012:i:4:id:861:p:536-550

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    References listed on IDEAS

    1. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, Elsevier.
    2. Arthur Diamond, 2005. "Measurement, incentives and constraintsin Stigler's economics of science," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 12(4), pages 635-661.
    3. Hands, Douglas W., 1985. "Karl Popper and Economic Methodology: A New Look," Economics and Philosophy, Cambridge University Press, vol. 1(01), pages 83-99, April.
    4. David M. Blank & George J. Stigler, 1957. "The Demand and Supply of Scientific Personnel," NBER Books, National Bureau of Economic Research, Inc, number blan57-1, January.
    5. Rosenberg, Alexander, 1988. "Economics is Too Important to Be Left to the Rhetoricians," Economics and Philosophy, Cambridge University Press, vol. 4(01), pages 129-149, April.
    6. William A. Brock & Steven N. Durlauf, 1999. "A formal model of theory choice in science," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 14(1), pages 113-130.
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    More about this item


    methodology of economics; economics of science; sociology of science;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education


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