- £70.00 Hardcover
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- Format: Hardcover
- ISBN: 978-0-7190-7670-1
- Pages: 200
- Publisher: Manchester University Press
- Price: £70.00
- Published Date: August 2010
- BIC Category: Economics, Economics, Economic theory & philosophy, BUSINESS & ECONOMICS / Economics / Theory, Economics, finance, business & management / Economics
- Series: New Dynamics of Innovation and Competition
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.
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
List of tables, figures and boxes
1.Introduction: putting markets in their place - Mark Harvey
2.The market, institutions and transactions - Olivier Weinstein and Benjamin Coriat
3.Markets, the organisation of exchange and 'instituted economic process': an analytical framework - Mark Harvey and Sally Randles
4.The ordering of change: Polanyi, Schumpeter and the nature of the market mechanism - Mark Harvey and Stan Metcalfe
5.The organisation of exchanges on the venture capital market: empirical and theoretical issues - Dorothée Rivaud-Danset and Emanuelle Dubocage
6.The failure of the French 'New Market' and the dynamics of rules - Valérie Revest
7.Markets as systems of rules: the provision of household services in France - Patrick Haddad
8.Making knowledge public and private: markets or public goods? - Andrew McMeekin and Mark Harvey