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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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Tag Archives: money
Galore
Galore Money fills our body to the brim, creates our shape, our taste, the so-called self-esteem. The shiny teeth earmark our polished fame, the slickness crystallized since money rinsed our shame into a sewer of repressed self-blame. … Continue reading
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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The Role of Money in Social Life: Morality and Power in the World of the Poor
by Ariel Wilkis* “Perhaps behind the coin is God.” — Jorge Luis Borges, The Zahir (1949) My book The Moral Power of Money: Morality and Economy in the Life of the Poor (Stanford University Press, 2017) offers a new focus for … Continue reading
Posted in Books, community members posts
Tagged Argentina, community, ethnography, money, morality, politics, poverty, power, social networks, sociology of money, welfare
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The Hardship of Accounting
Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent. — “The Hardship of Accounting“ by Robert Frost, A Further Range, 1936 *** … Continue reading
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
What is Money?
“Money is not a “mere voucher for unspecified utilities”, which could be altered at will without any fundamental effect on the character of the price system as a struggle of man against man. “Money” is, rather, primarily a weapon in … Continue reading
Posted in Oleg Komlik
Tagged class, Max Weber, money, power, price determination, sociology of money
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Fictionalizing the Economy and Reviewing Imagined Futures of Capitalism
by Lars Crusefalk* In the book Imagined Futures – Fictional Expectations and Capitalist Dynamics, a leading economic sociologist Jens Beckert argues that social scientists need to put more emphasis on how actors in modern capitalistic societies handle uncertainty in relation to … Continue reading
Posted in Books, community members posts
Tagged capitalism, consumption, credit, expectations, forecasting, imagination, innovations, money, uncertainty
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“I listen to money singing… It is intensely sad.”
“Money”, by Philip Larkin Quarterly, is it, money reproaches me: ‘Why do you let me lie here wastefully? I am all you never had of goods and sex. You could get them still by writing a few cheques.’ So … Continue reading
Value and its enigmas: from stained cloths to matrimonial alliances
by André Vereta Nahoum Since the days economics was basically a British endeavour, the production of value (and price formation) has been one of the most fiercely debated topics of the discipline. Such is the centrality of the issue at stake … Continue reading
Songs of Society and Market
We are very glad to roll out a new section on the Economic Sociology and Political Economy community blog: Songs of Society and Market. Given the centrality of economic transactions to our lives, it is no surprise that they constitute a common motive … Continue reading
