Abstract
This chapter reconsiders Stigler’s 1965 distinction between textual and scientific exegesis, and explores its importance in the study and writing of the history of economic thought, as well as in the doing and writing of economic theory. After introducing the distinction, and its reception in Chicago and elsewhere, the chapter counters it (i) by laying out Pocock’s views on the reading of history as the identification and unscrambling of various language games that may conceivably be in play; and (ii) by elaborating Stigler’s own views of the role of mathematics in the theorizing of economic phenomena, as he exposed them in his 1949 LSE lectures. We read these texts through the lens provided by Carl Schmitt in his 1932 articulation of the friend/enemy dichotomy, and his characterization of the “enemy” as the defining character of the “political.” This chapter then reads Stigler as a Schmittian, and develops a critique of his views using his exegetical distinction as its particular point of departure, one that its authors hope will feed into questions concerning the teaching and curricular design of economic theory.
This work was initiated during Eddie Schlee’s visit to the Department of Economics at Johns Hopkins February 28 to March 1, 2014. It was culled from a longer work prepared during Schlee’s sabbatical visit to Johns Hopkins University in the spring of 2012, and solicited by Craig Freedman for this volume. The authors are grateful to Freedman for his invitation, and to him and Aniruddha Ghosh for their invaluable help and encouragement. A lunch in Washington DC on November 21, 2017 played an essential role in the orientation of the authors’ views. Some of this material was presented by Khan at CUNY Graduate Center on October 20, 2017: he should like to thank Priya Chakrabarty and Rohit Parikh for their invitation. The authors thank Faizullah Khilji for re-emphasizing the relevance Carl Schmitt, to Muhammad Hussain for an afternoon instruction of MSWord, and Swayam Bagaria, Andres Carvajal, Ying Chen, Andrew Farrant, Mark Setterfield, Metin Uyanik and Xudong Zheng for their questioning and sympathetic encouragement. Khan acknowledges with immeasurable gratitude more than a decade of indispensable correspondence and conversation with Hülya Eraslan, David Levy and Eric Schliesser.
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Ali Khan, M., Schlee, E.E. (2020). Textual and Scientific Exegesis: George Stigler and Method in Economic Science. In: Freedman, C. (eds) George Stigler. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-56815-1_21
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