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Date: | Fri Mar 31 17:18:30 2006 |
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Philip Mirowski. 1984. Physics and the "Marginalist Revolution."
_Cambridge Journal of Economics_ (8): 361-379.
The article is a wonderfully concise statement of the Mirowski
Thesis, the idea that the actual change that took place in
economics around the turn of the century was the adoption of the
formalism of energy physics by a profession eager to show that it
was a real science. It completes in its own way the task begun by
Jaffe of reinterpreting what the so-called (and perhaps mislabeled)
"marginalist revolution" was all about. Given the radical nature of
the reinterpretation, it also stands as an exemplar of the now-
common notion that history really is, after all, an interpretive
exercise. Finally, it is pedagogically a great piece, because for it to
be properly understood (e.g., the word "mimetic" is central to the
argument) the student must use a dictionary!
Bruce J. Caldwell
Department of Economics
Univresity of North Carolina, Greensboro
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