The spectacular revival of economic sociology in the US in the 1980s and in Europe at the beginning of the 21st century will be regarded as part of a paradigm shift in social sciences. Whereas classical sociology almost always dealt with normatively defined situations and value-based actions in which individual decisions, interests, and other situational aspects disappear from view, neo-classic...

Economic Discourses and Economic Dispositives On Coordination: Stories and Meaning Making in Markets | by Sophie Mützel_4 Dispositive, Discourse and the Economy | by Dietmar J. Wetzel_10 “Days of Revelation” | by Ronald Hartz_17 Spectral Performativity | by Jens Maeße_25 How the Firm Became Consultable | by Christian Schmidt-Wellenburg_32 Justification, Conventions, and Institutions in Economic...

Although illegal markets have considerable economic significance and are of theoretical importance, they have been largely ignored by economic sociology. In the first part of this article, we propose a categorization for illegal markets. In the second part, the structural characteristics of illegal markets are described along the three coordination problems of valuation, competition and coopera...

Interview with John Nye_4 New Institutional Economics: A State-of-the-Art Review for Economic Sociologists by Rinat Menyashev, Timur Natkhov, Leonid Polishchuk, and Georgiy Syunyaev_12 “New Institutional Economics” versus “Economics of Conventions” by Olivier Favereau_22 Petering Out or Flaming Up? New Institutional Economics in East-Central Europe by János Mátyas Kovács_28 Call for Papers_40 A...

Global economic changes and the role of multinational firms have been of central interest to economic sociologists. Mauro Guillén—who holds appointments at the Wharton School and the Department of Sociology at the University of Pennsylvania—has made important contributions to our understanding of these issues through several books. Models of Management (The University of Chicago Press, 1994) co...

Editor Nigel Dodd, London School of Economics Book Review Editors Mark Lutter, Max Planck Institute for the Study of Societies Sascha Münnich, Max Planck Institute for the Study of Societies Editorial Board Patrik Aspers, Stockholm University Jens Beckert, Max Planck Institute for the Study of Societies, Cologne Johan Heilbron, Centre de Sociologie Européenne, Paris Richard Swedberg, Cornell Un...