The metrology literature neglects a strong empirical measurement tradition in economics, which is different from the traditions as accounted for by the formalist representational theory of measurement. This empirical tradition comes closest to Mari's characterization of measurement in which he...

In the history of economics, a few (but famous) analogue systems were built with the purpose of gaining a better understanding of an economics mechanism by creating a visualisation of it. One of the first was Irving Fisher's mechanism, constructed in 1893, consisting of a tank with floating...