Tag Archives: consumption

Theory in Pictures: Consumption / Demand in Economics

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Adam Smith: “Consumption is the sole end and purpose of all production.”

Adam Smith: “Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.” Smith, Adam. 1776. … Continue reading

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What ‪Money‬ Wants: An ‪Economy‬ of Desire

What in everyday life is an obvious truth, namely, that in some sense or another, people want money— is basically unthinkable in economic terms. Herein lies the starting point for the main argument of What ‪Money‬ Wants: An ‪Economy‬ of … Continue reading

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Economy in Changing Society: Consumptions, Markets, Organizations

Economy is embedded in ongoing concrete social networks, and economic processes are increasingly international in character. Taking into account these interrelated processes, a new edited volume Economy in Changing Society: Consumptions, Markets, Organizations and Social Policies presents various cases concerning … Continue reading

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The Handbook of Political Economy of Communications

Over the last decade, political economy has grown rapidly as a specialist area of research and teaching within communications and media studies and is now established as a core element in university programmes around the world. The Handbook of Political Economy … Continue reading

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Economic Lives: How Culture Shapes the Economy

Over the past decades, economic sociology has been revealing how culture shapes economic life, turning a fascinating research field into a flourishing and increasingly influential discipline. Among the few who have played the key role in this development was Viviana Zelizer, … Continue reading

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The Origin and Development of Markets: A Business History Perspective

A substantial documentary evidence survived from the eleventh century onward, when chartered markets and new towns were established across Western Europe. The expansion of the market system is important for business history, but there has been no systematic literature review … Continue reading

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