This book is about how to understand the huge variety of markets and market organisation in contemporary economies through a dialogue between a group of UK and French scholars. It presents a critique and development of institutional views of markets, and ‘puts markets in their place’ in a wider political and social context. In the wake of the 2008 financial crisis in markets, the book makes a topical and significant contribution on the importance of the rules and regulations that constitute markets, and their broader political and legal frameworks. Moreover, the disruption of markets brings to the fore their interconnection with the broader economy, with production, distribution and consumption in a way often ignored at the height of market bubbles.Both theoretical and empirical, a wide range of markets are considered, capital markets for new technology and venture capital, for food, domestic services and scientific knowledge. The authors address how markets emerge and disappear, or indeed why they fail to appear, as well has how they become stable and institutionalised.
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This book ‘puts markets in their place’, knocking them off the pedestal as the self-organising marvel of capitalist economies. It debates a wide variety of markets, markets for food as well as for capital, for domestic service and for scientific knowledge, markets that succeed and markets that fail.
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List of tables, figures and boxes1.Introduction: putting markets in their place - Mark Harvey2.The market, institutions and transactions - Olivier Weinstein and Benjamin Coriat3.Markets, the organisation of exchange and ‘instituted economic process’: an analytical framework - Mark Harvey and Sally Randles4.The ordering of change: Polanyi, Schumpeter and the nature of the market mechanism - Mark Harvey and Stan Metcalfe5.The organisation of exchanges on the venture capital market: empirical and theoretical issues - Dorothée Rivaud-Danset and Emanuelle Dubocage6.The failure of the French ‘New Market’ and the dynamics of rules - Valérie Revest7.Markets as systems of rules: the provision of household services in France - Patrick Haddad8.Making knowledge public and private: markets or public goods? - Andrew McMeekin and Mark HarveyIndex
Les mer
This book is about how to understand the huge variety of markets and market organisation in contemporary economies through a dialogue between a group of UK and French scholars. It presents a critique and development of institutional views of markets, and ‘puts markets in their place’ in a wider political and social context. In the wake of the 2008 financial crisis in markets, the book makes a topical and significant contribution on the importance of the rules and regulations that constitute markets, and their broader political and legal frameworks. Moreover, the disruption of markets brings to the fore their interconnection with the broader economy, with production, distribution and consumption in a way often ignored at the height of market bubbles.Both theoretical and empirical, a wide range of markets are considered, capital markets for new technology and venture capital, for food, domestic services and scientific knowledge. The authors address how markets emerge and disappear, or indeed why they fail to appear, as well has how they become stable and institutionalised.
Les mer

Produktdetaljer

ISBN
9780719076701
Publisert
2010-08-02
Utgiver
Vendor
Manchester University Press
Høyde
234 mm
Bredde
156 mm
Aldersnivå
UP, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet

Redaktør

Biographical note

Mark Harvey is Professor in the Department of Sociology and Director of the Centre for Research in Economic Sociology and Innovation at the University of Essex