Valuing the Unique

Valuing the Unique PDF Author: Lucien Karpik
Publisher: Princeton University Press
ISBN: 1400835216
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
In this landmark work of economic sociology, Lucien Karpik introduces the theory and practical tools needed to analyze markets for singularities. Singularities are goods and services that cannot be studied by standard methods because they are multidimensional, incommensurable, and of uncertain quality. Examples include movies, novels, music, artwork, fine wine, lawyers, and doctors. Valuing the Unique provides a theoretical framework to explain this important class of products and markets that for so long have eluded neoclassical economics. With this innovative theory--called the economics of singularities--Karpik shows that, because of the uncertainty and the highly subjective valuation of singularities, these markets are necessarily equipped with what he calls "judgment devices"--such as labels, brands, guides, critics, and rankings--which provide consumers with the credible knowledge needed to make reasonable choices. He explains why these markets are characterized by the primacy of competition by qualities over competition by prices, and he identifies the conditions under which singularities are constructed or are in danger of losing their uniqueness. After demonstrating how combinations of the numerous and multiform judgment devices can be used to identify different market models, Karpik applies his analytical tools to the functioning of a large number of actual markets, including fine wines, movies, luxury goods, pop music, and legal services.

Valuing the Unique

Valuing the Unique PDF Author: Lucien Karpik
Publisher: Princeton University Press
ISBN: 1400835216
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
In this landmark work of economic sociology, Lucien Karpik introduces the theory and practical tools needed to analyze markets for singularities. Singularities are goods and services that cannot be studied by standard methods because they are multidimensional, incommensurable, and of uncertain quality. Examples include movies, novels, music, artwork, fine wine, lawyers, and doctors. Valuing the Unique provides a theoretical framework to explain this important class of products and markets that for so long have eluded neoclassical economics. With this innovative theory--called the economics of singularities--Karpik shows that, because of the uncertainty and the highly subjective valuation of singularities, these markets are necessarily equipped with what he calls "judgment devices"--such as labels, brands, guides, critics, and rankings--which provide consumers with the credible knowledge needed to make reasonable choices. He explains why these markets are characterized by the primacy of competition by qualities over competition by prices, and he identifies the conditions under which singularities are constructed or are in danger of losing their uniqueness. After demonstrating how combinations of the numerous and multiform judgment devices can be used to identify different market models, Karpik applies his analytical tools to the functioning of a large number of actual markets, including fine wines, movies, luxury goods, pop music, and legal services.

Karl Polanyi

Karl Polanyi PDF Author: Gareth Dale
Publisher: Polity
ISBN: 0745640710
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
Karl Polanyi’s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century ‘market fundamentalism’ it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi’s ideas and legacy. It assesses not only the texts for which he is famous – prepared during his spells in American academia – but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi’s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi’s daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi’s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.

Sorting Out the Mixed Economy

Sorting Out the Mixed Economy PDF Author: Amy C. Offner
Publisher: Princeton University Press
ISBN: 0691205205
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
The untold story of how U.S. development efforts in postwar Latin America helped lead to the dismantling of the U.S. welfare state. ... In this groundbreaking book, Amy Offner brings readers to Colombia and back, showing the entanglement of American societies and the contradictory promises of midcentury statebuilding. The untold story of how the road from the New Deal to the Great Society ran through Latin America, Sorting Out the Mixed Economy also offers a surprising new account of the origins of neoliberalism.

Cities and the Wealth of Nations

Cities and the Wealth of Nations PDF Author: Jane Jacobs
Publisher: Vintage
ISBN: 0525432876
Category : Social Science
Languages : en
Pages : 256

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Book Description
In this eye-opening work of economic theory, Jane Jacobs argues that it is cities—not nations—that are the drivers of wealth. Challenging centuries of economic orthodoxy, in Cities and the Wealth of Nations the beloved author contends that healthy cities are constantly evolving to replace imported goods with locally-produced alternatives, spurring a cycle of vibrant economic growth. Intelligently argued and drawing on examples from around the world and across the ages, here Jacobs radically changes the way we view our cities—and our entire economy.

Economics in Christian Perspective

Economics in Christian Perspective PDF Author: Victor V. Claar
Publisher: InterVarsity Press
ISBN: 0830899901
Category : Religion
Languages : en
Pages : 261

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Book Description
Victor Claar and Robin Klay introduce students to the basic principles of economics and then evaluate the principles and issues as seen from a Christian perspective. This textbook places the economic life in the context of Christian discipleship and stewardship. This text is for use in any course needing a survey of the principles of economics.

Doing Capitalism in the Innovation Economy

Doing Capitalism in the Innovation Economy PDF Author: William H. Janeway
Publisher: Cambridge University Press
ISBN: 1107031257
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.

The Company of Strangers

The Company of Strangers PDF Author: Paul Seabright
Publisher: Princeton University Press
ISBN: 9780691146461
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
The Company of Strangers shows us the remarkable strangeness, and fragility, of our everyday lives. This completely revised and updated edition includes a new chapter analyzing how the rise and fall of social trust explain the unsustainable boom in the global economy over the past decade and the financial crisis that succeeded it. Drawing on insights from biology, anthropology, history, psychology, and literature, Paul Seabright explores how our evolved ability of abstract reasoning has allowed institutions like money, markets, cities, and the banking system to provide the foundations of social trust that we need in our everyday lives. Even the simple acts of buying food and clothing depend on an astonishing web of interaction that spans the globe. How did humans develop the ability to trust total strangers with providing our most basic needs?

Building a Win-Win World

Building a Win-Win World PDF Author: Hazel Henderson
Publisher: Berrett-Koehler Publishers
ISBN: 1576750272
Category : Business & Economics
Languages : en
Pages : 414

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Book Description
World-renowned futurist Hazel Henderson extends her twenty-five years of work in economics to examine the havoc the current economic system is creating at the global level. Building a Win-Win World examines how jobs, education, health care, human rights, democratic participation, socially responsible business, and environmental protection are all sacrificed to "global competitiveness" and outlines a new economic architecture based on positive, sustainable systems.

The Oxford Handbook of Cultural Sociology

The Oxford Handbook of Cultural Sociology PDF Author: Jeffrey C. Alexander
Publisher: Oxford University Press
ISBN: 0195377761
Category : Social Science
Languages : en
Pages : 839

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Book Description
Since sociologists returned to the study of culture in the past several decades, a pursuit all but anathema for a generation, cultural sociology has emerged as a vibrant field. Edited by three leading cultural sociologists, The Oxford Handbook of Cultural Sociology presents the full theoretical and methodological vitality of this critically significant new area.The Handbook gathers together works by authors confronting the crucial choices all cultural sociologists face today: about analytic priorities, methods, topics, epistemologies, ideologies, and even modes of writing. It is a vital collection of preeminent thinkers studying the ways in which culture, society, politics, and economy interact in the world.Organized by empirical areas of study rather than particular theories or competing intellectual strands, the Handbook addresses power, politics, and states; economics and organization; mass media; social movements; religion; aesthetics; knowledge; and health. Allowing the reader to observe tensions as well as convergences, the collection displays the value of cultural sociology not as a niche discipline but as a way to view and understand the many facets of contemporary society. The first of its kind, The Oxford Handbook of Cultural Sociology offers comprehensive and immediate access to the real developments and disagreements taking place in the field, and deftly exemplifies how cultural sociology provides a new way of seeing and modeling social facts.

Faithful Economics

Faithful Economics PDF Author: Daniel K. Finn
Publisher: Fortress Press
ISBN: 150647280X
Category : Religion
Languages : en
Pages : 212

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Book Description
Careful moral reflection and action are important across all of modern life, but they are especially critical when it comes to our place as individuals and communities in matters of economics. We know intuitively that our daily decisions about money and markets have a deep impact on others, but it is easy to become overwhelmed and confused or, worse, to feel as if our actions don't make a difference. Faithful Economics is the ideal guide for navigating this complex arena and coming to a deeper understanding of how our faith and our economic lives intersect. In twenty-five short lessons, each digestible in one brief sitting, the author explores a wide range of topics from lobbying and just wages to globalization and Catholic social teaching. Each section illuminates the issues, explains the questions, and leaves the reader with clarity and understanding. An ideal book for students, curious readers, and all who want to understand their place as a faithful participant in economic life.