A Socio-Dynamic Understanding of Markets

The Progressive Joining Forces of Economic Sociology and Austrian Economics

Dados Bibliográficos

ID2789286
AutoresAnders Liljenberg (0000-0002-3380-5687, Stockholm School of Economics, autor correspondente)
Ano2005
Volume64
Fascículo4
Páginas999-1023
Data de publicação2005-10-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoAmerican Journal of Economics and Sociology (JOURNAL)
Identificadores do periódicoISSN: 0002-9246 • E-ISSN: 1536-7150
EditoraWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.2005.00423.x
OpenAlexW1579770911
IdiomaEN
Citações recebidas5
Referências citadas44

Economic sociology furthers a healthy alternative to price-theory-oriented economics as it sets out to remedy the invisibility of the market within the latter. There is, however, no doubt that such a market-oriented sociology is still in its infancy, given among other issues its inability to shoulder market change. The void thus recognized opens up the potential for a market idea with both social and dynamic properties. There is good reason to believe that such an endeavor would benefit from the constructive blending of economic sociology and Austrian economics. This paper argues that such a "socio-Austrian" connection is in the position to enrich the socioeconomic discourse in general and its market conception in particular

Austrian School · Constructive · Economic sociology · Economics · Invisibility · Neoclassical economics · Position (finance) · Positive economics · Social science · Sociology · Economic Theory and Institutions · German Social Sciences and History · Weber, Simmel, Sociological Theory