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The Economic Laws of Scientific Research

By: Terence Kealey
Binding: Paperback
Publisher: Palgrave Macmillan
ISBN: 0333657551
ISBN-13: 9780333657553
Released: 08 May 1996
RRP: £19.99
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Customer Reviews

Hate it or Love it - By: , 18 Feb 2000
Since its publication, I've found only two kinds of readers of Kealey's book: those who hate it (very much), & those who love it (very much). If nothing else, this reception is a proof of the success of a book which is meant to be provocative. At the same time, interestingly, those who hate the book are mostly Kealey's scientific colleagues. Perhaps, it confirms Clark Kerr's, the President Emeritus of UC Berkeley, observation that,in general, academics hold liberal views about the affairs of the others, but when it comes to their own, their can be terribly conservative. To ask professional academics to read Kealey's book open-mindedly is therefore a challenge to their (self)criticality. Kealey challenges them to contemplate the very possibility that might it be true that science is not best funded by the state (and that academics - & students - might have a better life if the state is not the sole customer/provider of higher education). This suggestion is so against the fundamental academic complacency & self-serving pre-conception that it is often misread & distorted by its critics. Kealey does NOT suggest that science should (or could) be funded solely by industry. Rather he champions the plurality of funding including the state, industry, and, don't forget, private charity, endowments, & other sources. Of course, he ALSO says that the less the state intervenes, the best for science; that it is the market, not lobbying political ac-tion, which will more likely improve the quality of life & work of scientists. [And Kealey's comparison between the individualistic, competitive environment of university science & the sometimes more col-legial milieu of collaborative researchin commercial laboratory (p.331) is echoedin Paul Rabinow's ethnography of the biotech startup company Cetusin "Making PCR" (Chicago University Press, 1996)]. These commitments are his motives for writing this explicitly polemical book. True, his detractors would consider some of the excesses of his satirical style abusive, his analyses sometimes too crude. But Kealey expounds his ideology forthrightly with support of reasons & evidence. Surely the case of the much larger claim underlying Kealey's book, namely his faithin laissez faire (Adam Smith's style, not Thatcher's), remains to be argued forin order convince his ideological opponents (which of course can-not be done, if at all,in a single book whose primary topic is the economics of science). Still, with his arguments & data (and their implications) laid out clearly, readers are allowed to judge for themselves. If the book is opinionated as its critics accuse, then at least it is eminently superior to the propaganda of the science activists disguised as self-evident science policy recommendations. Specifically the readers will have to decide whether Kealey's rebuttal of the Baconian view of science (policy) is valid. First, is it true that science is a public good as Arrow & many economists argue? Or, is Kealey right to pinpoint that scientific knowledge is never freely available because to assimilate, integrate, & apply it requires scientific expertise. That's why even industry R&D has to employ scientists, & cannot afford NOT to allow (i.e. to fund) them to do basic (not immediately applicable) science as they like (pp.226-232). Sec-ond, is it true that there are things (e.g. education of the poor, or basic science) which selfish individuals will never do, but only the State can (and should)? Or, should we rethink this Rousseausque vision of the individual & the state, & to question, with Kealey, why do so many people (mostly the public, not just scientists) urge that we should trust the State (with all its deficiencies & inefficiencies) to do something the very same people argue the individuals (which SHOULD include them as well) would NOT see the benefit of doing (pp.330-1)? Moreover Kealey's book is not only about the politics & economics of science, its final sections on the psychology of the intellectuals are no less illuminating because they provide an analysis (and prediction) of why professional academics would be so offended by the book. Ultimately, as mentioned above, Kealey's book is a test of this group of readers' courage to give it a fair hearing because, notin spite, of how much it undermines their most cherished beliefs about the world & themselves.
A mind-changing book - By: , 26 May 1999
Terence Kealey is a scientist by profession, but an economic historianin his spare time. In this beautifully written book, with wit & verve, he amasses a devastating indictment of government's rolein scientific research--with fascinating examples to back it up. If it does not change your mind, it is your open-mindedness that isin doubt.

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