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Science Bubbles

Science Bubbles Much like the trade and traits of bubbles in financial markets, similar bubbles appear on the science market. When economic bubbles burst, the drop in prices causes the crash of unsustainable investments leading to an investor confidence crisis possibly followed by a financial panic. But when bubbles appear in science, truth and reliability are the first victims. This paper explores how fashions in research funding and research management may turn science into something like a bubble economy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Philosophy & Technology Springer Journals

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Publisher
Springer Journals
Copyright
Copyright © 2013 by Springer Science+Business Media Dordrecht
Subject
Philosophy; Philosophy of Technology
ISSN
2210-5433
eISSN
2210-5441
DOI
10.1007/s13347-013-0142-7
Publisher site
See Article on Publisher Site

Abstract

Much like the trade and traits of bubbles in financial markets, similar bubbles appear on the science market. When economic bubbles burst, the drop in prices causes the crash of unsustainable investments leading to an investor confidence crisis possibly followed by a financial panic. But when bubbles appear in science, truth and reliability are the first victims. This paper explores how fashions in research funding and research management may turn science into something like a bubble economy.

Journal

Philosophy & TechnologySpringer Journals

Published: Nov 18, 2013

References