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“This work has been carried out despite the economical difficulties of the authors’ country. The authors want to overall remark the clear contribution of the Spanish Government in destroying the R&D horizon of #Spain and the future of a complete generation” (Padilla et al. 2014: 475) Contrary to this “Acknowledgments” section, cleverly used by the researchers to submit an alarming, justified, and serious protestation, see here the posts featuring funny and witty scholars’ “#Acknowledgments'' https://economicsociology.org/2018/07/17/probably-the-best-acknowledgments-ever-4/"Another difference between #MiltonFriedman and myself is that everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of my papers.” Read more on Robert Solow’s sarcastic #economics: https://economicsociology.org/2018/07/14/robert-solows-sarcastic-economics/amp/Tags
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Recent Posts
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Category Archives: Books
Economic Sociology, Homo Economicus, and Performativity of Economics
It is never too late, nor too early, to reread and contemplate a good theory. For example, to mull over Michel Callon’s programmatic statement about the performativity of economics, presented two decades ago in the introduction to The Laws of the Markets: … Continue reading
Posted in Books, Oleg Komlik
Tagged Economic Sociology, economics, markets, performativity
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The IMF’s Reconstruction of Economic Orthodoxy since the Crash
by Ben Clift* Analysing how the International Monetary Fund (IMF) contributes to prevailing understandings of sound economic policy reveals how economic orthodoxy is historically contingent, and throws into relief the malleability of economic policy credibility. These indirect IMF attempts to … Continue reading
Posted in Books, community members posts
Tagged economics, Eurozone crisis, financial crisis, fiscal policy, ideas, IMF, institutions, policy, Political economy
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Was Karl Polanyi wrong? Land, labor, and private authority in the global economy
by Tim Bartley* Karl Polanyi famously argued that land, labor, and money are “fictitious commodities.” They cannot be fully subjected to the dictates of the market without spurring backlashes that seek to re-embed them in society. It is easy to … Continue reading
Posted in Books, community members posts
Tagged China, Economic Sociology, glocalization, Indonesia, institutions, Karl Polanyi, labor, land, norms, Political economy, regulation
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Who is in Control of Markets: Humans or Financial Models?
by Ekaterina Svetlova* The recent stock market correction raised again the question of who is in control of markets: humans or technology. Nasdaq CEO Adena Friedman said on CNBC that „humans are definitely in charge of the decisions in the market” … Continue reading
Commercialization and the Far Right: Consuming and Constituting Extremism
by Cynthia Miller-Idriss* Advertisers and marketers have long known that brands and commercial products are deeply intertwined with individuals’ identities. But with few exceptions, mainstream social scientists have been slow to acknowledge that economic objects can have constitutive power for … Continue reading
Posted in Books, community members posts
Tagged commercialization, consumption, Culture, Far-right, Germany, ideology, marketing
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Market Forecasting: A Sensitive Practice at the Heart of Neoliberal Capitalism
by Stefan Leins* Since the emergence of modern financial markets, financial analysts have played a critical role in producing visions of “the economy” and its future development. As experts, they analyze market developments and predict future scenarios that enable other financial … Continue reading
A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation
by Martijn Konings* If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather … Continue reading
Social Media, Authoritarian Capitalism, and Donald Trump
by Christian Fuchs* In the years from 1986 until 1999, the leader of the Austrian Freedom Party Jörg Haider with the help of anti-immigration slogans, politics as entertainment, a juvenile and dynamic habitus, as well as ridicule of opponents led his … Continue reading
Posted in Books, community members posts
Tagged capitalism, Frankfurt school, media, nationalism, neoliberalism, politics, populism, social media
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Being the 1%, or What It Means to Be Entitled
by Rachel Sherman* Most contemporary research on economic inequality focuses on the causes, contours, and consequences of unequal distributions of resources. But how they do such distributions become legitimate? Why do people accept them, and even take them for granted? Why … Continue reading
Posted in Books, community members posts
Tagged class, consumption, elites, inequality, money, morality, privilege, wealth
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