Economic Sociology

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Richard Swedberg - One of the best experts on this subject based on the ideXlab platform.

  • the handbook of Economic Sociology second edition
    2010
    Co-Authors: Neil J. Smelser, Richard Swedberg
    Abstract:

    The Handbook of Economic Sociology, Second Edition is the most comprehensive and up-to-date treatment of Economic Sociology available. The first edition, copublished in 1994 by Princeton University Press and the Russell Sage Foundation as a synthesis of the burgeoning field of Economic Sociology, soon established itself as the definitive presentation of the field, and has been widely read, reviewed, and adopted. Since then, the field of Economic Sociology has continued to grow by leaps and bounds and to move into new theoretical and empirical territory. The second edition, while being as all-embracing in its coverage as the first edition, represents a wholesale revamping. Neil Smelser and Richard Swedberg have kept the main overall framework intact, but nearly two-thirds of the chapters are new or have new authors. As in the first edition, they bring together leading sociologists as well as representatives of other social sciences. But the thirty chapters of this volume incorporate many substantial thematic changes and new lines of research--for example, more focus on international and global concerns, chapters on institutional analysis, the transition from socialist economies, organization and networks, and the Economic Sociology of the ancient world. The Handbook of Economic Sociology, Second Edition is the definitive resource on what continues to be one of the leading edges of Sociology and one of its most important interdisciplinary adventures. It is a must read for all faculty, graduate students, and undergraduates doing work in the field. A thoroughly revised and updated version of the most comprehensive treatment of Economic Sociology available. Almost two-thirds of the chapters are new or have new authors. Authors include leading sociologists as well as representatives of other social sciences Substantial thematic changes and new lines of research, including more focus on international and global concerns, institutional analysis, the transition from socialist economies, and organization and networks. The definitive resource on what continues to be one of the leading edges of Sociology and one of its most important interdisciplinary adventures. A must read for faculty, graduate students, and undergraduates doing work in the field. Neil J. Smelser was formerly University Professor of Sociology at the University of California, Berkeley, where he was on faculty from 1958 to 1994, and Director of the Center for Advanced Study in the Behavioral Sciences at Stanford University (1994-2001). He is the coauthor (with Talcott Parsons) of Economy and Society and the author of The Sociology of Economic Life. Richard Swedberg is Professor of Sociology and Associate Director of the Center for the Study of Economy and Society at Cornell University. He is the author of Principles of Economic Sociology and Max Weber and the Idea of Economic Sociology (both Princeton) and the coeditor of The Economic Sociology of Capitalism.

  • The Tool Kit of Economic Sociology
    Oxford Handbooks Online, 2009
    Co-Authors: Richard Swedberg
    Abstract:

    This article discusses the tool kit of Economic Sociology. It begins by examining two of the most important concepts in modern Economic Sociology, namely: embeddedness and field. It is followed by a discussion of a sociological concept of interest and an interest-based concept of institutions. The article also presents some arguments posed in the text, one of which states that Economic Sociology would do well in some respects to follow the example of political economy and pay more attention to analytical Economics and its general approach.

  • Bourdieu’s Contribution To Economic Sociology
    Frontiers of Sociology, 2009
    Co-Authors: Richard Swedberg
    Abstract:

    This chapter indicates what constitutes the most important contribution to Economic Sociology that can be found in the work of Pierre Bourdieu (1930-2002). The reason for wanting to establish this is that when a social scientist dies there is always a danger that his or her work will be pushed to the side and forgotten. The chapter raises the question if Bourdieu can contribute to the current dialogue between Economics and Sociology, which seems to have stalled. This dialogue began, from the perspective of Sociology, around 1990 when it for a few years seemed as if Sociology and Economics were moving towards each other and possibly even could meet. In Algeria 1960 Economic habitus is described as a "disposition [that] orients and organizes the Economic practices of daily life-purchases, saving, and credit-and also political representations, whether resigned or revolutionary" . Keywords: Algeria; Economic Sociology; Pierre Bourdieu

  • Public Sociology and Economic Sociology: introductory remarks
    Socio-Economic Review, 2007
    Co-Authors: Richard Swedberg
    Abstract:

    This issue of SER contains three articles on public Sociology and Economic Sociology, which all have their origin in a session on this theme that was held at the annual meeting of the American Sociological Association in August 2006 in Montreal. The reason for organizing this session was a sense that ‘new Economic Sociology’ has ignored many of the issues that are associated with the term ‘public Sociology’. If one looks at the writings in ‘new Economic Sociology’ from the mid-1980s and onwards one will, on the whole, find very few attempts to relate Economic Sociology to such issues as the political role of the analyst, how Economic Sociology can be used to change or improve the world and the like. The reasons for this apolitical character of new Economic Sociology is not clear. Maybe the desire to establish Economic Sociology as a legitimate academic field was too strong or maybe many of its early practitioners had had enough of activist politics during the 1960s. Alternatively, maybe they were responding to the ideology of neo-liberalism that was just being launched at around this time. In any case, issues that should have been addressed were not being addressed.

  • Max Weber's Interpretive Economic Sociology
    American Behavioral Scientist, 2007
    Co-Authors: Richard Swedberg
    Abstract:

    Economic Sociology needs more ideas, and in this article the author suggests that Economic sociologists may want to explore what a rigorous interpretive Economic Sociology along Weberian lines would look like. One way to proceed in an enterprise of this type would be to apply the model of analysis that can be found in chapter 1 of Economy and Society to Economic Sociology and its problems. This means that one has to graft onto Economic Sociology such key ideas and key concepts in Weber's interpretive Sociology as adequate causation, the need to always explore the meaning of actors, and what consequences these meanings have for the resulting action. What a concrete Weberian type of interpretive Economic Sociology will be like cannot, however, be determined this way. It needs instead to be worked out through concrete, empirical analysis.

Philippe Steiner - One of the best experts on this subject based on the ideXlab platform.

  • Pareto’s Income Curve and Economic Sociology
    2013
    Co-Authors: Philippe Steiner
    Abstract:

    Pareto discovered an important result with his statistical research on the distribution of incomes. His own interpretation of this distribution was cast in political terms in order to fight the socialists seeking a more egalitarian distribution. This paper highlights the fact that Pareto’s distribution of incomes is an important piece of his Economic Sociology that is still very useful for examining what is going on in the upper strata of the income elite, as exemplified by Thomas Piketty’s works.

  • What Can New Economic Sociology Learn from the Historical School, especially Max Weber?
    The Historicity of Economics, 2002
    Co-Authors: Richard Swedberg, Philippe Steiner, Erich Weede
    Abstract:

    Since the early 1980s Economic Sociology has come alive, especially in the United States, but recently also in Europe, and it has chosen to present itself as “new Economic Sociology”. The term “new Economic Sociology” was coined in 1985 by Mark Granovetter, who argued that as opposed to “old Economic Sociology” (by which he meant industrial Sociology and works such as Economy and Society (1956) by Parsons and Smelser) new Economic Sociology should be more aggressive and attempt to explain major Economic phenomena, not just peripheral ones (cf. Swedberg 1997). The same year Granovetter also published a programmatic article on Economic Sociology in American Journal of Sociology, entitled “Economic Action and Social Structure: The Problem of Embeddedness”, which set off a development which during the next fifteen years would result in a huge number of books, readers and articles (Granovetter 1985). Today Economic Sociology — typically in the form of this “new Economic Sociology” — represents one of the most dynamic subfields in modern Sociology.

  • Economic Sociology: a historical perspective
    The European Journal of the History of Economic Thought, 1995
    Co-Authors: Philippe Steiner
    Abstract:

    In this paper we briefly recall what is meant by Economic Sociology, basing our definition principally on the works of R. Swedberg and M. Cranovetter. We then focus on the questions and problematics which are more particularly relevant to the history of Economic and sociological thought in such a way as to make explicit the kind of past in relation to which Economic Sociology is most pertinent. We shall thus be induced to correct certain explanations and to propose a slightly different perspective on the origin of Economic Sociology. This historical work enables us to formulate a definition of Economic Sociology based on two key concepts - Economic institution and Economic action - and allows us to articulate what Economic Sociology actually is, rather than merely describing what it is not. Finally, we show that these propositions are not without interest in relation to the present-day Economic Sociology that tends to go by the name - made fasionable by Granovetter and Swedberg - of ‘New Economic Sociology.’

Jens Beckert - One of the best experts on this subject based on the ideXlab platform.

  • In the Shadow. Illegal Markets and Economic Sociology
    SSRN Electronic Journal, 2014
    Co-Authors: Jens Beckert, Frank Wehinger
    Abstract:

    Illegal markets differ from legal markets in many respects. Although illegal markets have Economic significance and are of theoretical importance, they have been largely ignored by Economic Sociology. In this article we propose a categorization for illegal markets and highlight reasons why certain markets are outlawed. We perform a comprehensive review of the literature to characterize illegal markets along the three coordination problems of value creation, competition, and cooperation. The article concludes by appealing to Economic Sociology to strengthen research on illegal markets and by suggesting areas for future empirical research.

  • In the shadow: illegal markets and Economic Sociology
    Socio-Economic Review, 2012
    Co-Authors: Jens Beckert, Frank Wehinger
    Abstract:

    Illegal markets differ from legal markets in many respects. Although illegal markets have Economic significance and are of theoretical importance, they have been largely ignored by Economic Sociology. In this article we propose a categorization for illegal markets and highlight reasons why certain markets are outlawed. We perform a comprehensive review of the literature to characterize illegal markets along the three coordination problems of value creation, competition, and cooperation. The article concludes by appealing to Economic Sociology to strengthen research on illegal markets and by suggesting areas for future empirical research. Illegale Markte unterscheiden sich in vielerlei Hinsicht von legalen Markten. Trotz ihres grosen wirtschaftlichen Gewichts und ihrer theoretischen Bedeutung blieben sie in der Wirtschaftssoziologie bislang weitgehend unbeachtet. Dieses Papier schlagt eine Kategorisierung illegaler Markte vor und diskutiert die Grunde fur ihr Verbot. Auf der Grundlage einer umfassenden Literaturauswertung werden die Strukturmerkmale illegaler Markte anhand der drei Koordinierungsprobleme der Wertbildung, des Wettbewerbs und der Kooperation dargestellt. Das Papier schliest mit Empfehlungen fur zukunftige empirische Forschung.

  • the great transformation of embeddedness karl polanyi and the new Economic Sociology
    2007
    Co-Authors: Jens Beckert
    Abstract:

    I argue that in its adaptation from Karl Polanyi’s The Great Transformation, the concept of embeddedness has itself undergone a great transformation. In the process, significant meanings of the concept have vanished, while others have been added. First I explore the different meanings the concept of embeddedness has achieved in the new Economic Sociology. Then I argue that it is not the embeddedness of Economic action that should constitute the vantage point of Economic Sociology, but rather three coordination problems that actors face in Economic exchange: the valuation of goods, competition and the problem of cooperation deriving from the social risks of exchange. I show that by proceeding from these coordination problems Economic Sociology, Economic anthropology and Economic history can find common research questions which allow them to enter into dialogue with each other more systematically. In the next section I focus on the social-reformist inclinations of Polanyi’s use of the notion of embeddedness and thereby highlight a challenge posed in The Great Transformation that was largely not taken up by Economic sociologists. Finally, I discuss limitations for developing a macro theory of the economy that result from making embeddedness the core concept of Economic Sociology.

  • international encyclopedia of Economic Sociology
    2006
    Co-Authors: Jens Beckert, Milan Zafirovski
    Abstract:

    Accounting Advertisement Adaptation Agency Theory AGIL Model Alienation Altruism American Institutionalism Anomie Art and Economy Aspirations Asymmetrical Information Atomism Auctions Auditing Austrian Economics Authority Autopoiesis Bankruptcy Banks Bargaining Theory Barter Behavioral Economics Beliefs bounded rationality Bourdieu, Pierre Bureaucracy Business Associations Calculation Capital Capitalism Capitalist Class, Transnational Care Carnegie School Catallactic Exchange Chandler, Alfred Charisma Children and Economic Life Choice Class Classical Economic Sociology Classification cCiques Clusters Cognition Cognitive Embeddedness Coleman, James Collective Action Collective Goods Collective Representation Colonialism Communism Community and Economy

  • Economic Sociology and embeddedness how shall we conceptualize Economic action
    Journal of Economic Issues, 2003
    Co-Authors: Jens Beckert
    Abstract:

    (2003). Economic Sociology and Embeddedness: How Shall We Conceptualize Economic Action? Journal of Economic Issues: Vol. 37, No. 3, pp. 769-787.

Nina Bandelj - One of the best experts on this subject based on the ideXlab platform.

  • Cognition and Social Meaning in Economic Sociology
    The Oxford Handbook of Cognitive Sociology, 2019
    Co-Authors: Nina Bandelj, Christoffer J. P. Zoeller
    Abstract:

    This chapter reviews the literature on cognition and social meaning in Economic Sociology, with special attention to the case of money. The first part discusses subfields related to Economic Sociology that have carved space for attention to the role of cognitive processes, or cognitive embeddedness, including the institutional logics, conceptions of control, and classification/categorization perspectives. The second part takes up one central Economic object, money, to compare and contrast the behavioral Economics perspective on mental accounting with the research on the social meaning of money and relational work, which emphasizes how money’s multiple meanings and forms influence the negotiation of social-Economic relations.

  • Relational Work and Economic Sociology
    Politics & Society, 2012
    Co-Authors: Nina Bandelj
    Abstract:

    This paper attempts to clarify the concept of relational work for understanding Economic life as proposed by Viviana Zelizer. To do so, it first compares the concept to similar notions used in other disciplinary fields. Second, it reinterprets some exemplary Economic Sociology studies by using the relational work lens to clarify the concept’s utility for empirical analysis. Third, it speculates about the place of relational work in the theoretical toolkit of Economic sociologists, in particular its relation to embeddedness. The paper concludes by arguing for the utility of the concept to integrate structural, cultural, and power-focused analyses of Economic life, to highlight the often-overlooked role of emotions in Economic exchange, and to ground an alternative to rational action theory in Economic Sociology.

  • Economic Sociology of Work
    2009
    Co-Authors: Nina Bandelj
    Abstract:

    Economic Sociology is a vibrant area of research investigating how social structures, power allocations and cultural understandings shape the production, consumption, distribution and exchange of goods and services. This title intends to apply the Economic Sociology perspective to issues of work broadly defined.

  • Research in the Sociology of Work - TOWARD AN Economic Sociology OF WORK
    Economic Sociology of Work, 2009
    Co-Authors: Nina Bandelj
    Abstract:

    Purpose – This introductory essay to an edited volume proposes possible contributions from Economic Sociology to the study of work broadly defined. Weber had a vision of Economic Sociology as a study of not only Economic phenomena but also Economically relevant and Economically conditioned phenomena. Work, in its market and nonmarket variety, falls in all these categories and thus presents a fruitful research arena for Economic sociologists who have thus far primarily studied markets and corporations. Methodology/Approach – The essay provides an analytic review of literature in Economic Sociology, uses information from the content analysis of recent publications in Sociology of work, and provides an overview of chapters included in this edited volume. Value of paper – Applying Economic Sociology to work means: (a) investigating its embeddedness in social structures, culture, and politics; and (b) uncovering the socially constructed nature of what constitutes paid market work. This article also proposes that Economic sociologists can expand the boundaries of work by examining such activities as care work, work in the informal economy, and prison work.

Neil J. Smelser - One of the best experts on this subject based on the ideXlab platform.

  • the handbook of Economic Sociology second edition
    2010
    Co-Authors: Neil J. Smelser, Richard Swedberg
    Abstract:

    The Handbook of Economic Sociology, Second Edition is the most comprehensive and up-to-date treatment of Economic Sociology available. The first edition, copublished in 1994 by Princeton University Press and the Russell Sage Foundation as a synthesis of the burgeoning field of Economic Sociology, soon established itself as the definitive presentation of the field, and has been widely read, reviewed, and adopted. Since then, the field of Economic Sociology has continued to grow by leaps and bounds and to move into new theoretical and empirical territory. The second edition, while being as all-embracing in its coverage as the first edition, represents a wholesale revamping. Neil Smelser and Richard Swedberg have kept the main overall framework intact, but nearly two-thirds of the chapters are new or have new authors. As in the first edition, they bring together leading sociologists as well as representatives of other social sciences. But the thirty chapters of this volume incorporate many substantial thematic changes and new lines of research--for example, more focus on international and global concerns, chapters on institutional analysis, the transition from socialist economies, organization and networks, and the Economic Sociology of the ancient world. The Handbook of Economic Sociology, Second Edition is the definitive resource on what continues to be one of the leading edges of Sociology and one of its most important interdisciplinary adventures. It is a must read for all faculty, graduate students, and undergraduates doing work in the field. A thoroughly revised and updated version of the most comprehensive treatment of Economic Sociology available. Almost two-thirds of the chapters are new or have new authors. Authors include leading sociologists as well as representatives of other social sciences Substantial thematic changes and new lines of research, including more focus on international and global concerns, institutional analysis, the transition from socialist economies, and organization and networks. The definitive resource on what continues to be one of the leading edges of Sociology and one of its most important interdisciplinary adventures. A must read for faculty, graduate students, and undergraduates doing work in the field. Neil J. Smelser was formerly University Professor of Sociology at the University of California, Berkeley, where he was on faculty from 1958 to 1994, and Director of the Center for Advanced Study in the Behavioral Sciences at Stanford University (1994-2001). He is the coauthor (with Talcott Parsons) of Economy and Society and the author of The Sociology of Economic Life. Richard Swedberg is Professor of Sociology and Associate Director of the Center for the Study of Economy and Society at Cornell University. He is the author of Principles of Economic Sociology and Max Weber and the Idea of Economic Sociology (both Princeton) and the coeditor of The Economic Sociology of Capitalism.

  • Introducing Economic Sociology
    Economic Sociology, 2003
    Co-Authors: Richard Swedberg, Neil J. Smelser
    Abstract:

    Here by the main part of the « Introducing Economic Sociology» is given. This is the introduction paper to the most famous nowadays reader on Economic Sociology - «The Handbook of Economic Sociology» (1994). This text gives the definition of the Economic Sociology, as well as the comparison of the Economic Sociology and the mainstream Economics. This paper also provides the analysis of such issues as term of actor, term of Economic action, limits of Economic action, and relation of Economics toward society. The authors compare goals, methods and intellectual traditions of the discussed approaches.

  • handbook of Economic Sociology
    1994
    Co-Authors: Neil J. Smelser, Richard Swedberg
    Abstract:

    During recent years social scientists have come to reaffirm that understanding almost any facet of social life requires a simultaneous understanding of how Economic institutions work and how they are influenced by values and norms. Sociology, and especially Economic Sociology, is well equipped to be of assistance in this endeavor. Neil Smelser and Richard Swedberg bring together leading sociologists, economists, and political scientists in The Handbook of Economic Sociology, the first comprehensive view of this vital and growing field. "This excellent volume is a compilation of some of the best writing in this field over the past decade, including basic works like Oliver Williamson's transaction cost theory of the firm, and [is] a helpful comparison of Economic Sociology to mainstream Economics." —Francis Fukuyama, Foreign Affairs "This is the first comprehensive theoretical and empirical account of the burgeoning field of Economic Sociology. The scholarship is consistently strong. . .. The book will be greeted warmly and read by serious scholars throughout the social sciences." —Robert K. Merton "This is a bold, ambitious, almost daunting project. ... It will surely become the standard reference book for the field—the sort of text every scholar will have to know-, consult, and cite." —Viviana Zelizer

  • the handbook of Economic Sociology
    Foreign Affairs, 1994
    Co-Authors: Neil J. Smelser, Richard Swedberg
    Abstract:

    During recent years social scientists have come to reaffirm that understanding almost any facet of social life requires a simultaneous understanding of how Economic institutions work and how they are influenced by values and norms. Sociology, and especially Economic Sociology, is well equipped to be of assistance in this endeavor. Neil Smelser and Richard Swedberg bring together leading sociologists, economists, and political scientists in The Handbook of Economic Sociology, the first comprehensive view of this vital and growing field.During recent years social scientists have come to reaffirm that understanding almost any facet of social life requires a simultaneous understanding of how Economic institutions work and how they are influenced by values and norms. Sociology, and especially Economic Sociology, is well equipped to be of assistance in this endeavor. Neil Smelser and Richard Swedberg bring together leading sociologists, economists, and political scientists in The Handbook of Economic Sociology, the first comprehensive view of this vital and growing field.