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Machine Dreams: Economics Becomes a Cyborg Science

de Philip Mirowski

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1062256,575 (4.43)1
This was the first cross-over book into the history of science written by an historian of economics. It shows how 'history of technology' can be integrated with the history of economic ideas. The analysis combines Cold War history with the history of postwar economics in America and later elsewhere, revealing that the Pax Americana had much to do with abstruse and formal doctrines such as linear programming and game theory. It links the literature on 'cyborg' to economics, an element missing in literature to date. The treatment further calls into question the idea that economics has been immune to postmodern currents, arguing that neoclassical economics has participated in the deconstruction of the integral 'self'. Finally, it argues for an alliance of computational and institutional themes, and challenges the widespread impression that there is nothing else besides American neoclassical economic theory left standing after the demise of Marxism.… (més)
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The hidden history of postwar economics, with special attention paid to game theory, linear programming, thermodynamics, and information theory/cryptography. He explores a ton of fascinating linkages between these subjects with a scathing, almost Nietzschean denunciation of how the flaws and assumptions of past economists have turned modern economics into what it is today. However, it's also a celebration of the ideas behind economics, and the ending part where he shows an example of an auction market actually simulating another market is awesome. The amount of research he must have dug through is staggering. ( )
  aaronarnold | May 11, 2021 |
Mirowski is like Noam Chomsky: obviously informed and self-assured, but eerily crank-seeming. It's nice to have an exponent of such a radically different interpretation of the history of economics, but some of the connections he makes...
  leeinaustin | Dec 9, 2008 |
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This was the first cross-over book into the history of science written by an historian of economics. It shows how 'history of technology' can be integrated with the history of economic ideas. The analysis combines Cold War history with the history of postwar economics in America and later elsewhere, revealing that the Pax Americana had much to do with abstruse and formal doctrines such as linear programming and game theory. It links the literature on 'cyborg' to economics, an element missing in literature to date. The treatment further calls into question the idea that economics has been immune to postmodern currents, arguing that neoclassical economics has participated in the deconstruction of the integral 'self'. Finally, it argues for an alliance of computational and institutional themes, and challenges the widespread impression that there is nothing else besides American neoclassical economic theory left standing after the demise of Marxism.

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