Do Economists Make Markets? by Donald Mackenzie
Dedicated to the controversial question of whether economics is performative - of whether, in some cases, economics actually produces the phenomena it analyzes, this book features case studies that intend to offer substance to the notion of the performativity of economics in an accessible, nontechnical way.
"MacKenzie.. skillfully describes the history of the financial derivatives market, claiming that the economists caused trader behavior to conform more closely to the model... The volume is an excellent introduction to the debate over performativity and will appeal to a broad set of social scientists."--W. J. Polley, Choice "A highly stimulating volume... Many investors will be surprised to discover the breadth of intellectual interest in the markets they troll for profits."--Martin S. Fridson, Financial Analysts Journal "For those who are already interested in the performativity of economics, this volume gathers some already familiar contributions, but will still constitute an obligatory point of passage. For those who, finally, are broadly interested in new ways to analyse the shaping of markets, this volume represents a challenging research programme worth taking seriously."--Claes-Fredrick Helgesson, Organization Studies "The book should interest anyone studying the nuts and bolts of the workings of markets."--James G. Devine, Science & Society "In short, this is a strong volume about an emergent academic subdiscipline. Part of its strength comes from incorporating some of its toughest critics."--Saskia Sassen, American Journal of Sociology "In short, what MacKenzie presents is some of the best evidence we have got for the self-realizing potential of economic theory as a phenomenon that relies on certain benign conditions being met for the self-realization to take hold."--Matthias Klaes, Journal of Economics and Philosophy
Donald MacKenzie is a professor of sociology at the University of Edinburgh. His most recent book is "An Engine, Not a Camera: How Financial Models Shape Markets". Fabian Muniesa is a researcher and teacher at the Ecole des Mines de Paris and a member of the Centre de Sociologie de l'Innovation. Lucia Siu is a teaching fellow at Hong Kong's Lingnan University.
| SKU | Unavailable |
| ISBN 13 | 9780691138497 |
| ISBN 10 | 0691138494 |
| Title | Do Economists Make Markets? |
| Author | Donald Mackenzie |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Princeton University Press |
| Year published | 2008-07-21 |
| Number of pages | 392 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |