Category Archives: Oleg Komlik

The Washington Consensus: Sociology of Economics and History of Ideas

In 1989, John Williamson, a fellow at the Institute for International Economics in Washington, DC which previously advised the World Bank and the International Monetary Fund, presented a background paper to a conference aimed to explore how extensive were the policy reforms that were then … Continue reading

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What is’t to us if taxes rise or fall? Thanks to our fortune, we pay none at all

The 18th-century English poet and satirist Charles Churchill wrote the following witty and sharp words, jeering and criticizing the aristocracy and the establishment of his time. The cit, a common-councilman by place, Ten thousand mighty nothings in his face, By situation … Continue reading

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The Art of Central Banking (2)

“The role of a central bank governor has a lot in common with that of a musical conductor, who leads people from different disciplines to create beautiful harmonies that add up to masterful symphonies. Of course, there were times we … Continue reading

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Economics to Sociology Phrasebook

In 1990, two economics PhD students at University of Chicago, Jeffrey A. Smith and Kermit Daniel, got bored hanging out with their fellow tiresome economists and boldly decided to graze in new attractive fields. Sensibly skipping over political scientists and anthropologists, Smith and Daniel (the … Continue reading

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The Virtue of Having Nothing to Say

Gilles Deleuze: “The problem is no longer getting people to express themselves, but providing little gaps of solitude and silence in which they might eventually find something to say. Repressive forces don’t stop people from expressing themselves, but rather force them to … Continue reading

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Pierre Bourdieu: Economism is a form of ethnocentrism

Economic Sociology of Pierre Bourdieu is very rich and brilliantly enlightening, as well as non-univocal, and theoretically and intellectually multifaceted. Reflecting on his great contribution to the field, which he preferred to call “Economic Anthropology”, his classic The Logic of Practice (1990; open … Continue reading

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Yes We Got Money

That money talks, I’ll not deny, I heard it once: It said, ‘Goodbye’. (Richard Armour) “Yes We Got Money” by Klaus Langer *** Join the Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr

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Leveling mountains to define Corporate Liability

In the seminal 1909 case, New York Central R. Co. v. United States, 212 U.S. 481-499, the railroad argued that as a corporation it could not be held criminally liable for the unlawful acts (such as paying prohibited rebates to another company) … Continue reading

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Market Bubbles: Finance, Art, and the Golden Calf

Two overwhelming events occurred on September 15 and 16, 2008. The first is known to all, the second – to few — but a thread passes between them, showing the fabric of the current socio-economic and cultural system. On September 15 Lehman … Continue reading

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A Demonstration of the Causal Power of Absences

Professor of philosophy Tyron Goldschmidt recently published a compelling paper “A Demonstration of the Causal Power of Absences“. Take a look and mull over: 🙂 *** Join the Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr  

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