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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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- R.I.P. James March — “Success”
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Tag Archives: networks
Sociology Journals and Network Proprieties of the Matthew Effect
by Luca Carbone* Science is a political field. As Bourdieu peremptorily said “the scientific field is the locus of a competitive struggle, in which the specific issue at stake is the monopoly of scientific authority” (1975: 19). Shifting a little the … 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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Mark Granovetter didn’t win (yet) the Nobel Prize. Here is his rejection letter, from 1969
A prominent economic sociologist Mark Granovetter didn’t win (yet) the Nobel Prize in economic sciences. Let’s take a look at his rejection letter. You may think I’m talking about the Nobel… I’m not. And that makes this even more interesting! This is … Continue reading
Posted in Oleg Komlik
Tagged academia, Economic Sociology, Mark Granovetter, networks, Nobel Prize, social networks, social sciences
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Corporate density is especially potent for the growth of elite-oriented nonprofits—but not social welfare nonprofits—when local networks and cultural norms support elite mobilization
In “Golfing Alone? Corporations, Elites, and Nonprofit Growth in 100 American Communities” (open access) Christopher Marquis, Gerald F. Davis & Mary Ann Glynn examine the link between corporations and community by showing how corporate density interacts with the local social … Continue reading
Posted in Papers
Tagged corporations, elite, networks, nonprofits, social capital, social networks, United States, welfare
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Epinets: a new way of thinking about social networks
A new book Epinets: the Epistemic Structure and Dynamics of Social Networks presents a new way to think about social networks, which focuses on the knowledge that underlies our social interactions. Guiding readers through the web of beliefs that networked individuals … Continue reading
Zygmunt Bauman on Facebook and networks; on the difference between a network and a community.
Bright, simple– and debatable. (3 min)
Is College a Focal Point of Investor Life? Yes
“Is College a Focal Point of Investor Life?” (free access) is an interesting article by Massimo Massa and Andrei Simonov that analyzes the link between college interaction and portfolio choice. The researchers consider both the general imprinting of values shared by all the students … Continue reading
Posted in Papers
Tagged decision making, investment, networks, social capital, values
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Networks in the Russian Economy
How does Russian economy function on a grassroots level? In addition to market mechanisms, what kinds of social and moral principles are at work in the new Russian economy? Is the ‘Soviet legacy’ still present in post-Soviet business practices? This … Continue reading
