Do Economists Make Markets? PDF Download

Author: Donald A. MacKenzie
Publisher: Princeton University Press
ISBN: 9780691130163
Category : Business & Economics
Languages : en
Pages : 398

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Author: Franck Cochoy
Publisher: Routledge
ISBN: 1317691083
Category : Social Science
Languages : en
Pages : 254

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The economy is commonly described either as the apolitical realm of calculation or as the fully political one of domination. This book scrutinizes the ways in which the economy is performed, in order to situate where precisely politics is located with regard to economic matters. Politics, the book demonstrates, thus appears at the turning point, in the place where the efficiency of economics is negotiated and where the need to forward it, reshape it, and complement it emerges. This book was originally published as a special issue of the Journal of Cultural Economy.

Author: Fabian Muniesa
Publisher: Routledge
ISBN: 1135090025
Category : Social Science
Languages : en
Pages : 137

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Do things such as performance indicators, valuation formulas, consumer tests, stock prices or financial contracts represent an external reality? Or do they rather constitute, in a performative fashion, what they refer to? The Provoked Economy tackles this question from a pragmatist angle, considering economic reality as a ceaselessly provoked reality. It takes the reader through a series of diverse empirical sites – from public administrations to stock exchanges, from investment banks to marketing facilities and business schools – in order to explore what can be seen from such a demanding standpoint. It demonstrates that descriptions of economic objects do actually produce economic objects and that the simulacrum of an economic act is indeed a form of realization. It also shows that provoking economic reality means facing practical tests in which what ought to be economic or not is subject to elaboration and controversy. This book opens paths for empirical investigation in the social sciences, but also for the philosophical renewal of the critique of economic reality. It will be useful for students and scholars in social theory, sociology, anthropology, philosophy and economics.

Author: Nicolas Brisset
Publisher: Routledge
ISBN: 1351620940
Category : Business & Economics
Languages : en
Pages : 300

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Economists do more than merely describe an external economic world. They shape it in the image of their theories and models. This idea, following the philosophy of language, puts forward that economic theories are performative, and not only descriptive. This idea has become a powerful critique of the scientificity of economics since it removes the idea of an external world against which our description could be evaluated as truth. If any theory can become true, there are no true theories per se because there is no such thing as a pre-existing economy to describe. Is such a relativist stance a fatality? This is the question at stake in this book. Furthermore, the author asks if any theory is able to ‘perform’ the social reality, or are there actually some limits to performativity? For philosophers, a performative statement is a statement that cannot fail to mean something, but can fail to do what it calls for. The state of the world may or may not be changed; the performative statement may be happy or unhappy. In economic terms, this can be interpreted as: some theories change the world while some do not. This book argues that this possibility of failure, a perspective previously missing from discussions on the subject, should be at the heart of any definition of failure. Taking on the question of why some theories change the world while others do not, this volume will be of interest to those studying advances courses on the philosophy of economics as well as those studying and researching in the areas of the philosophy of sciences and sociology of science and economics.

Author: Judith Butler
Publisher: Harvard University Press
ISBN: 067449556X
Category : Philosophy
Languages : en
Pages : 257

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A Times Higher Education Book of the Week Judith Butler elucidates the dynamics of public assembly under prevailing economic and political conditions, analyzing what they signify and how. Understanding assemblies as plural forms of performative action, Butler extends her theory of performativity to argue that precarity—the destruction of the conditions of livability—has been a galvanizing force and theme in today’s highly visible protests. “Butler’s book is everything that a book about our planet in the 21st century should be. It does not turn its back on the circumstances of the material world or give any succour to those who wish to view the present (and the future) through the lens of fantasies about the transformative possibilities offered by conventional politics Butler demonstrates a clear engagement with an aspect of the world that is becoming in many political contexts almost illicit to discuss: the idea that capitalism, certainly in its neoliberal form, is failing to provide a liveable life for the majority of human beings.” —Mary Evans, Times Higher Education “A heady immersion into the thought of one of today’s most profound philosophers of action...This is a call for a truly transformative politics, and its relevance to the fraught struggles taking place in today’s streets and public spaces around the world cannot be denied.” —Hans Rollman, PopMatters

Author: Armin Beverungen
Publisher: U of Minnesota Press
ISBN: 1452959285
Category : Social Science
Languages : en
Pages : 144

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A media theory of markets Markets abound in media—but a media theory of markets is still emerging. Anthropology offers media archaeologies of markets, and the sociology of markets and finance unravels how contemporary financial markets have witnessed a media technological arms race. Building on such work, this volume brings together key thinkers of economic studies with German media theory, describes the central role of the media specificity of markets in new detail and inflects them in three distinct ways. Nik-Khah and Mirowski show how the denigration of human cognition and the concomitant faith in computation prevalent in contemporary market-design practices rely on neoliberal conceptions of information in markets. Schröter confronts the asymmetries and abstractions that characterize money as a medium and explores the absence of money in media. Beverungen situates these inflections and gathers further elements for a politically and historically attuned media theory of markets concerned with contemporary phenomena such as high-frequency trading and cryptocurrencies.

Author: Carsten Herrmann-Pillath
Publisher: Routledge
ISBN: 1317907558
Category : Business & Economics
Languages : en
Pages : 288

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Hegel’s philosophy has witnessed periods of revival and oblivion, at times considered to be an unrivalled and all-embracing system of thought, but often renounced with no less ardour. This book renews the dialogue with Hegel by looking at his legacy as a source of insight and judgement that helps us rethink contemporary economics. This book focuses on a concept of institution which is equally important for Hegel's political philosophy and for economic theory to date. The key contributions of this Hegelian perspective on economics lead us to the synthesis of traditional approaches and new ideas gained in economic experiments and advanced by neuroeconomists, sociologists and cognitive scientists. The proper account of contemporary 'civil society' involves comprehending it as a historically evolving totality of individual minds, ideas and intersubjective structures that are mutually dependent, tied by recognitive relations, and assert themselves as a whole in the ongoing performative movement of 'objective spitit'. The ethics of recognition is paired with the ethics of associations that supports moral principles and gives them true, concrete universality. This unusual constellation of seemingly remote fields suggests that Hegel, read in a pragmatist mode, anticipated the new theories and philosophies of extended mind, social cognition and performativity. By providing a new conceptual apparatus and reformulating the theory of institutions in the light of this new synthesis, this book claims to give new meaning both to Hegel as interpreted from today, and to the social sciences. Seen from this perspective, such phenomena as cooperation in games, personal identity or justice in the version of Amartya Sen's 'realization-focused comparisons' are reinscribed into the logic of institutional theory. This 'Hegel' clearly goes beyond the limits of philosophical discussion and becomes a decisive reference for economists, sociologists, political scientists and other scholars who study the foundations and consequences of human sociality and try to explore and design the institutions necessary for a worthy common life.

Author: Gerda Roelvink
Publisher: U of Minnesota Press
ISBN: 1452944199
Category : Social Science
Languages : en
Pages : 413

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There is no doubt that “economy” is a keyword in contemporary life, yet what constitutes economy is increasingly contested terrain. Interested in building “other worlds,” J. K. Gibson-Graham have argued that the economy is not only diverse but also open to experimentations that foreground the well-being of humans and nonhumans alike. Making Other Worlds Possible brings together in one volume a compelling range of projects inspired by the diverse economies research agenda pioneered by Gibson-Graham. This collection offers perspectives from a wide variety of prominent scholars that put diverse economies into conversation with other contemporary projects that reconfigure the economy as performative. Here, Robert Snyder and Kevin St. Martin explore the emergence of community-supported fisheries; Elizabeth S. Barron documents how active engagements between people, plants, and fungi in the United States and Scotland are examples of highly productive diverse economic practices; and Michel Callon investigates how alternative forms of market organization and practices can be designed and implemented. Firmly establishing diverse economies as a field of research, Making Other Worlds Possible outlines an array of ways scholars are enacting economies differently that privilege ethical negotiation and a politics of possibility. Ultimately, this book contributes to the making of economies that put people and the environment at the forefront of economic decision making. Contributors: Elizabeth S. Barron, U of Wisconsin–Oshkosh; Amanda Cahill; Michel Callon, École des mines de Paris; Jenny Cameron, U of Newcastle, Australia; Stephen Healy, Worcester State U; Yahya M. Madra, Bogazici U; Deirdre McKay, Keele U; Sarah A. Moore, U of Wisconsin–Madison; Ceren Ŏzselçuk, Bogazici U; Marianna Pavlovskaya, Hunter College, CUNY; Paul Robbins, U of Wisconsin–Madison; Maliha Safri, Drew U; Robert Snyder, Island Institute; Karen Werner, Goddard College.

Author: Vikki Bell
Publisher: SAGE
ISBN: 1848609175
Category : Social Science
Languages : en
Pages : 257

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This book explores belonging as a performative achievement. The contributors investigate how identities are embodied and effected, and how lines of allegiance and fracture are produced and reproduced. Questions of ′difference′ are tackled from a perspective that attends to the complexities of history and politics. Drawing on sociology, philosophy and anthropology, this collection brings together leading commentators, including Judith Butler, Paul Gilroy and Arjun Appadurai, as well as a range of new scholars. It examines questions of visuality, political affiliation, ethics, mimesis, spatiality, passing, and diversity in modes of embodied difference. The volume advances conceptual and theoretical issues through testing various propositions around specific examples or questions. What emerges is a rich engagement with the complexity of contemporary forms of belonging.

Author: Katy Mason
Publisher: Routledge
ISBN: 1315300214
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
Marketing Performativity: Theories, practices and devices addresses concerns about the theory-practice gap so often discussed by marketing scholars, and indeed reframes this ‘gap’ by asking ‘how is marketing theory performative?’ How does marketing theory shape action? Who uses it in practice and to what effects? The individual contributions in this book look at how marketing theories are used in practice and what this means for our understanding of the practicing–theorising landscape of marketing. The book begins by considering what performativity is and how this concept is used in the marketing literature. It then considers three themes concerning the performativity of marketing that emerge from the contributions, before presenting ten empirical studies that ask how, why, and to what effect marketing theories are used and ‘performed’ in marketing practice. The book also summarises the implications of three themes and sketches research areas for further developing our understanding of the performativity of marketing. This book was originally published as a special issue of the Journal of Marketing Management.