Abstract
This chapter provides a brief excursion through the institutional turmoil of the 1905 Revolution and how it touched various facets of the field of economics. The 1905 Revolution was a complicated affair, and not even one book can do it justice, but Markov reveals the challenges economists faced. Students challenged their authority on dual grounds: their institutional authority as professors and their cultural authority as carriers of knowledge. In terms of a field framework, the revolution challenged older rules of the value and legitimacy of capital, and economists’ cultural capital (particular theoretical and methodological knowledge) and social capital (institutional positions) no longer had the same value as before 1905.
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