From the wild swings of the stock market to the online auctions of eBay to the unexpected twists of the world's post-Communist economies, markets have suddenly become quite visible. It is now questioned what makes these institutions work, how important they are and how we can im…
This integrated study of law ̧economics and Peircian semiotics re-examines the relationship between law and economics ̧overcoming the dichotomy between efficiency and justice ̧and introduces a new conception of law and market economy. The author challenges several basic assumptions…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, 'animal spirits' are driving financial events worldw…
This work seeks to make sense of modern capitalism by developing a sociological theory of market institutions. Addressing the dynamism that capitalism brings with it, the author argues that the basic drift of any one market and it's actors, even allowing for competition, is towa…
Where do markets come from and what drives their evolution? How do organizations cope with the competitive dynamism of markets? What is the role of governance mechanisms in the institutional coordination of markets? In this book, leading social scientists consider these question…
In this work, social critic Thomas Frank examines the morphing of the language of democracy into the jargon of the marketplace. He traces an idea he calls "market populism"--The notion that markets are, in some transcendent way, identifiable with democracy and the will of the pe…
States versus Markets shows that globalization is not a novel phenomenon but a recurrent process whereby markets have, since the sixteenth century, periodically redistributed economic activity. This revised and updated new edition takes account of the new rise of Asia and the gl…