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A fresh #NobelPrize winner Paul Romer: "For more than three decades, #macroeconomics has gone backwards", "Mathiness lets [economics’] academic politics masquerade as science". Read and share Romer's astute reflections on the state of #economics profession. https://economicsociology.org/2018/10/08/nobel-winner-paul-romer-economists-use-math-to-mislead/James March, a distinguished social scientist and great master of #management studies, organisational and institutional #theory, has passed away. But only a few know that beside his tremendous academic career, March was also an accomplished poet. Poetry, he wrote, "is an exploration of ambivalence and paradox, of the possibility of feeling simultaneous sentiments that seem contradictory, of living in multiple worlds and experiencing multiple feelings, and of recognizing the role of ugliness in the creation of beauty.” R.I.P. https://economicsociology.org/2018/09/28/r-i-p-james-march-success/ #sociology #socialscience #strategyTags
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Recent Posts
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- R.I.P. James March — “Success”
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Monthly Archives: November 2014
Do you have friends, colleagues or students interested in Economic Sociology and Political Economy? Invite them to join our community
I’m sure all of us have 2-4 friends, colleagues or students interested in Economic Sociology and Political Economy. So why not to invite them to join our community! It could be a great idea… 🙂 I personally thank you for … Continue reading
Why the East India Company became the most powerful business in history? Because it granted its employees the right to pursue their own commercial interests
Exploring trade network dynamics, decision-making processes and organizational context, in an extraordinary Between Monopoly and Free Trade: The English East India Company, 1600–1757 Emily Erikson (Yale University) demonstrates why the English East India Company was a dominant force in the … Continue reading
Posted in Books
Tagged capitalism, corporations, Culture, economic history, Economic Sociology, globalization, imperialism, markets, monopoly, networks, social networks, trade, United Kingdom
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18 focused interpretative digests of each chapter from Piketty’s “Capital in the 21st Century”
Read this impressive interpretative review of Thomas Piketty’s Capital in the Twenty-First Century – 18 focused posts devoted to each chapter from the book, carefully wrote by Adam David Morton (University of Sydney). Professor Morton clearly summarises each chapter in just a few … Continue reading
Posted in Books
Tagged capital, capitalism, economic history, growth, inequality, Political economy, state, taxation, Thomas Pikkety, wealth
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Racism is more than individual prejudice. It’s about power, capitalism and class struggle
Racism is about more than individual prejudice. It relies on the interests of those who hold the real power in society and the economy, and use every possible means to hold onto it. It’s about capitalism and class struggle. This … Continue reading
Economists admit: “Humans are fundamentally a social species with interaction patterns that shape their behaviors”. Eureka!!
Economists admit: “Humans are fundamentally a social species with interaction patterns that shape their behaviors.” What has caused this startling discovery?! A genuine ambition “to build better models”! First of all, I would like to applaud, seriously, The Journal of … Continue reading
The Value of Nothing and Market Society
In The Value of Nothing: How to Reshape Market Society and Redefine Democracy, an award-winning academic and activist Raj Patel (University of Texas) reveals the hidden ecological and social costs of a hamburger (as much as $200), and asks how we … Continue reading
Posted in Books
Tagged civil society, democracy, economics, environment, policy, politics, prices, sustainability, valuation
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“Debt: Ethics, the Environment and the Economy”: the concept of indebtedness in its various senses and perspectives
From personal finance and consumer spending to ballooning national expenditures on warfare and social welfare, debt is fundamental to the dynamics of global capitalism. This timely and broad volume, adited by Peter Y. Paik and Merry Wiesner-Hanks (University of Wisconsin-Milwaukee), … Continue reading
Posted in Books
Tagged capitalism, debt, Economic Sociology, environment, ethics, finance, money
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A documentary “Rise Like Lions- Occupy Wall Street and the Seeds of Revolution” tells the story of the movement in its own words
“Rise Like Lions- Occupy Wall Street and the Seeds of Revolution” is a documentary that tells the story & motivation behind the movement in its own words, pulling together a combination of internet and original footage. Created by Scott Noble, this … Continue reading
Posted in Books
Tagged capitalism, globalization, inequality, neoliberalism, Occupy Wall Street, social movements
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Zygmunt Bauman: “Sociologizing makes sense only in as far as it helps humanity.”
Zygmunt Bauman: “…Sociologizing makes sense only in as far as it helps humanity.” in: Beilharz, Peter. 2001. The Bauman Reader. Oxford: Blackwell. (p. 335)
Posted in Books
Tagged academia, Economic Sociology, public sociology, social sciences, sociology
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