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As 2018 comes to an end, I rounded up the top 10 most-read posts of the year on the Economic Sociology and Political Economy community blog. You are welcome to (re)read and share them. I would like to use this opportunity and thank everyone for being here, liking and sharing - for making this community what it really is! Oleg Komlik https://economicsociology.org/2018/12/22/top-10-most-read-economic-sociology-and-political-economy-posts-of-2018/In 1951 John Kenneth Galbraith wrote Milton Friedman to thank him for giving a lecture at #Harvard #economics department. This very short letter is not only a typical example for #Galbraith’s eloquence and sardonic phrasing, but underlines his ability to combine conceptual open-mindedness with a sincere standpoint of his own. Read, and more: https://economicsociology.org/2018/11/23/galbraith-vs-friedman-the-emancipation-of-belief-is-the-most-formidable-of-the-tasks-of-reform-the-one-on-which-all-else-depends/Tags
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Tag Archives: norms
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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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
“The Moral Background: An Inquiry into the History of Business Ethics” by Gabriel Abend brings a novel conceptual depth to the important field of the sociology of morality
Investigate the history of business ethics in the United States from the 1850s to the 1930s, this fine book (open access to the introduction) examines the work of numerous business ethicists and organizations—such as Protestant ministers, business associations, journalists and … Continue reading
Identity Economics: Economists discover norms and social values
George Akerlof and Rachel Kranton’s Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being provides an important and compelling way to understand human behavior, revealing how our identities–and not just economic incentives–influence our decisions. In 1995, economist Rachel Kranton … Continue reading
Posted in Books
Tagged Culture, decision making, economics, education, gender, identity, norms, work
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