By the same authors

Markets: Perspectives from Economic and Social Theory

Research output: Book/ReportBook

Standard

Markets : Perspectives from Economic and Social Theory. / Jackson, William Anthony.

London : Routledge, 2019. 250 p. (Economics as Social Theory).

Research output: Book/ReportBook

Harvard

Jackson, WA 2019, Markets: Perspectives from Economic and Social Theory. Economics as Social Theory, Routledge, London.

APA

Jackson, W. A. (2019). Markets: Perspectives from Economic and Social Theory. (Economics as Social Theory). London: Routledge.

Vancouver

Jackson WA. Markets: Perspectives from Economic and Social Theory. London: Routledge, 2019. 250 p. (Economics as Social Theory).

Author

Jackson, William Anthony. / Markets : Perspectives from Economic and Social Theory. London : Routledge, 2019. 250 p. (Economics as Social Theory).

Bibtex - Download

@book{f4afe9c59fdf4580a82f43a24dd6344a,
title = "Markets: Perspectives from Economic and Social Theory",
abstract = "Defining markets has never been an easy task. Despite their importance for economic theory and practice, they are hard to pin down as a concept and economists have tended to adopt simplified axiomatic models or rely on piecemeal case studies. This book argues that an extended range of theory, social as well as economic, can provide a better foundation for the portrayal of markets. It first looks at the definition of markets, their inadequate treatment in orthodox economic theory, and their historical background in the pre-capitalist and capitalist eras. It then assesses various alternatives to orthodox theory, categorised as social/cultural, structural, functional and ethical approaches. Among the alternatives considered are institutionalist accounts, Marxian views, network models, performativity arguments, field theories, Austrian views, and ethical notions of fair trade. A key finding of the book is that these diverse approaches, valuable as they are, could present a more effective challenge to orthodoxy if they were less disparate. Possibilities are investigated for a more unified theoretical alternative to orthodoxy.",
keywords = "markets, exchange, economic theory, social theory, ethics, pluralism",
author = "Jackson, {William Anthony}",
year = "2019",
month = "5",
day = "7",
language = "English",
isbn = "978-1-138-93684-3",
series = "Economics as Social Theory",
publisher = "Routledge",

}

RIS (suitable for import to EndNote) - Download

TY - BOOK

T1 - Markets

T2 - Perspectives from Economic and Social Theory

AU - Jackson, William Anthony

PY - 2019/5/7

Y1 - 2019/5/7

N2 - Defining markets has never been an easy task. Despite their importance for economic theory and practice, they are hard to pin down as a concept and economists have tended to adopt simplified axiomatic models or rely on piecemeal case studies. This book argues that an extended range of theory, social as well as economic, can provide a better foundation for the portrayal of markets. It first looks at the definition of markets, their inadequate treatment in orthodox economic theory, and their historical background in the pre-capitalist and capitalist eras. It then assesses various alternatives to orthodox theory, categorised as social/cultural, structural, functional and ethical approaches. Among the alternatives considered are institutionalist accounts, Marxian views, network models, performativity arguments, field theories, Austrian views, and ethical notions of fair trade. A key finding of the book is that these diverse approaches, valuable as they are, could present a more effective challenge to orthodoxy if they were less disparate. Possibilities are investigated for a more unified theoretical alternative to orthodoxy.

AB - Defining markets has never been an easy task. Despite their importance for economic theory and practice, they are hard to pin down as a concept and economists have tended to adopt simplified axiomatic models or rely on piecemeal case studies. This book argues that an extended range of theory, social as well as economic, can provide a better foundation for the portrayal of markets. It first looks at the definition of markets, their inadequate treatment in orthodox economic theory, and their historical background in the pre-capitalist and capitalist eras. It then assesses various alternatives to orthodox theory, categorised as social/cultural, structural, functional and ethical approaches. Among the alternatives considered are institutionalist accounts, Marxian views, network models, performativity arguments, field theories, Austrian views, and ethical notions of fair trade. A key finding of the book is that these diverse approaches, valuable as they are, could present a more effective challenge to orthodoxy if they were less disparate. Possibilities are investigated for a more unified theoretical alternative to orthodoxy.

KW - markets

KW - exchange

KW - economic theory

KW - social theory

KW - ethics

KW - pluralism

M3 - Book

SN - 978-1-138-93684-3

SN - 978-1-138-93683-6

T3 - Economics as Social Theory

BT - Markets

PB - Routledge

CY - London

ER -