In this insightful book, Peter Edlund takes a status-based approach to theorizing the development of the European Research Council (ERC). Drawing upon rich empirical material, the author vividly details how the ERC was transformed from a funding organization into an authoritative status intermediary in European science. Edlund's innovative approach illustrates the ERC's path toward pre-eminence, building on a theoretical framework that the author uses to analyze evidence from Swedish and European contexts in an intriguing exploration of research funding allocated under the flagship...