ABSTRACT
This chapter discusses the research question against the background of a short summary of the history of scientometrics and bibliometrics, specifically concerning its applications to economics, respectively the history of economic thought. It presents "panics produce texts" (PPT) hypothesis requires both economic data and bibliometric records. Scientometrics is the scientific observation and analysis of science itself by means of quantitative methods. One of the major tools employed in this endeavour is bibliometrics that is the statistical analysis of written publications, including their actual text content and their metadata, most importantly citations and references between items. The main purpose of the economic variables is to provide an overall measure of economic activity subject to business cycles and economic crises. If anything, it is these variables which should be among the primary suspects expected to have an effect according to PPT on the economics literature.
