The Handbook of Economic Sociology, Second Edition / Edition 2

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Overview

The Handbook of Economic Sociology, Second Edition is the most comprehensive and up-to-date treatment of economic sociology available. The first edition, copublished in 1994 by Princeton University Press and the Russell Sage Foundation as a synthesis of the burgeoning field of economic sociology, soon established itself as the definitive presentation of the field, and has been widely read, reviewed, and adopted. Since then, the field of economic sociology has continued to grow by leaps and bounds and to move into new theoretical and empirical territory.

The second edition, while being as all-embracing in its coverage as the first edition, represents a wholesale revamping. Neil Smelser and Richard Swedberg have kept the main overall framework intact, but nearly two-thirds of the chapters are new or have new authors. As in the first edition, they bring together leading sociologists as well as representatives of other social sciences. But the thirty chapters of this volume incorporate many substantial thematic changes and new lines of research—for example, more focus on international and global concerns, chapters on institutional analysis, the transition from socialist economies, organization and networks, and the economic sociology of the ancient world. The Handbook of Economic Sociology, Second Edition is the definitive resource on what continues to be one of the leading edges of sociology and one of its most important interdisciplinary adventures. It is a must read for all faculty, graduate students, and undergraduates doing work in the field.

  • A thoroughly revised and updated version of the most comprehensive treatment of economic sociology available
  • Almost two-thirds of the chapters are new or have new authors
  • Authors include leading sociologists as well as representatives of other social sciences
  • Substantial thematic changes and new lines of research, including more focus on international and global concerns, institutional analysis, the transition from socialist economies, and organization and networks
  • The definitive resource on what continues to be one of the leading edges of sociology and one of its most important interdisciplinary adventures
  • A must read for faculty, graduate students, and undergraduates doing work in the field
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Editorial Reviews

Contemporary Sociology
From review of Princeton's original edition: This beautifully produced compendium is an invaluable reference work: Its broad compass, indices by author and subject, and copious bibliographic notes alone will keep it within an arm's reach at the desks of social scientists for years to come.
— Samuel Bowles
Foreign Affairs
From review of Princeton's original edition: This excellent volume is a compilation of some of the best writing in this field over the past decade, including basic works like Oliver Williamson's transaction cost theory of the firm, and [is] a helpful comparison of economic sociology to mainstream economics.
— Francis Fukuyama
Choice
From review of Princeton's original edition: A unique and invaluable survey of this rapidly developing field of scholarship.
Journal of Institutional and Theoretical Economics
The 31 articles which make up the Handbook are, without exception, of superb quality, expressing scholarship at its best. . . . The book's range of topics, authoritative articles, and summary of past accomplishments and contemporary research certainly will serve for many years as the crystallizing nucleus of the reincarnated field of economic sociology.
Times Literary Supplement
[O]ne difference between economists and sociologists is in the questions asked. For example, if jobs were relatively homogenous, the economist would . . . only be concerned about the total number and the wage level. The sociologist might well be interested in the non-economic explanation of who goes to which job. But . . . it is clear that the social aspects can affect outcomes that even the economist is interested in. Anyone wishing to study these important matters will have to start with The Handbook of Economic Sociology.
Review of International Political Economy
[T]here is a great deal of interesting research and theoretical reflection going on under the rubric of economic sociology, and the Handbook is certainly the best available guide to this.
Journal of Economic History
[This book] confirms the impression that economic sociology is rapidly becoming a powerful force in academic life. . . . It can be strongly recommended for the intrinsic interest of its subject matter and for the individual merit of most of its contributions. . . . Mainstream economists now have some serious competition to face.
Contemporary Sociology - Samuel Bowles
From review of Princeton's original edition: This beautifully produced compendium is an invaluable reference work: Its broad compass, indices by author and subject, and copious bibliographic notes alone will keep it within an arm's reach at the desks of social scientists for years to come.
Foreign Affairs - Francis Fukuyama
From review of Princeton's original edition: This excellent volume is a compilation of some of the best writing in this field over the past decade, including basic works like Oliver Williamson's transaction cost theory of the firm, and [is] a helpful comparison of economic sociology to mainstream economics.
Time Magazines Literary Supplement
[O]ne difference between economists and sociologists is in the questions asked. For example, if jobs were relatively homogenous, the economist would . . . only be concerned about the total number and the wage level. The sociologist might well be interested in the non-economic explanation of who goes to which job. But . . . it is clear that the social aspects can affect outcomes that even the economist is interested in. Anyone wishing to study these important matters will have to start with The Handbook of Economic Sociology.
From the Publisher
From review of Princeton's original edition: This beautifully produced compendium is an invaluable reference work: Its broad compass, indices by author and subject, and copious bibliographic notes alone will keep it within an arm's reach at the desks of social scientists for years to come."—Samuel Bowles, Contemporary Sociology

From review of Princeton's original edition: This excellent volume is a compilation of some of the best writing in this field over the past decade, including basic works like Oliver Williamson's transaction cost theory of the firm, and [is] a helpful comparison of economic sociology to mainstream economics."—Francis Fukuyama, Foreign Affairs

From review of Princeton's original edition: A unique and invaluable survey of this rapidly developing field of scholarship."—Choice

"The 31 articles which make up the Handbook are, without exception, of superb quality, expressing scholarship at its best. . . . The book's range of topics, authoritative articles, and summary of past accomplishments and contemporary research certainly will serve for many years as the crystallizing nucleus of the reincarnated field of economic sociology."—Journal of Institutional and Theoretical Economics

"[O]ne difference between economists and sociologists is in the questions asked. For example, if jobs were relatively homogenous, the economist would . . . only be concerned about the total number and the wage level. The sociologist might well be interested in the non-economic explanation of who goes to which job. But . . . it is clear that the social aspects can affect outcomes that even the economist is interested in. Anyone wishing to study these important matters will have to start with The Handbook of Economic Sociology."—Times Literary Supplement

"[T]here is a great deal of interesting research and theoretical reflection going on under the rubric of economic sociology, and the Handbook is certainly the best available guide to this."—Review of International Political Economy

"[This book] confirms the impression that economic sociology is rapidly becoming a powerful force in academic life. . . . It can be strongly recommended for the intrinsic interest of its subject matter and for the individual merit of most of its contributions. . . . Mainstream economists now have some serious competition to face."—Journal of Economic History

Times Literary Supplement
[O]ne difference between economists and sociologists is in the questions asked. For example, if jobs were relatively homogenous, the economist would . . . only be concerned about the total number and the wage level. The sociologist might well be interested in the non-economic explanation of who goes to which job. But . . . it is clear that the social aspects can affect outcomes that even the economist is interested in. Anyone wishing to study these important matters will have to start with The Handbook of Economic Sociology.
Choice
From review of Princeton's original edition: "A unique and invaluable survey of this rapidly developing field of scholarship.
Foreign Affairs
From review of Princeton's original edition: "This excellent volume is a compilation of some of the best writing in this field over the past decade, including basic works like Oliver Williamson's transaction cost theory of the firm, and [is] a helpful comparison of economic sociology to mainstream economics.
— Francis Fukuyama
Contemporary Sociology
From review of Princeton's original edition: "This beautifully produced compendium is an invaluable reference work: Its broad compass, indices by author and subject, and copious bibliographic notes alone will keep it within an arm's reach at the desks of social scientists for years to come.
— Samuel Bowles
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Product Details

  • ISBN-13: 9780691121260
  • Publisher: Russell Sage Foundation
  • Publication date: 2/7/2005
  • Edition description: 2ND
  • Edition number: 2
  • Pages: 748
  • Product dimensions: 7.28 (w) x 9.88 (h) x 1.31 (d)

Meet the Author

Neil J. Smelser was formerly University Professor of Sociology at the University of California, Berkeley, where he was on faculty from 1958 to 1994, and Director of the Center for Advanced Study in the Behavioral Sciences at Stanford University (1994-2001). He is the coauthor (with Talcott Parsons) of "Economy and Society" and the author of "The Sociology of Economic Life". Richard Swedberg is Professor of Sociology and Associate Director of the Center for the Study of Economy and Society at Cornell University. He is the author of "Principles of Economic Sociology" and "Max Weber and the Idea of Economic Sociology" (both Princeton) and the coeditor of "The Economic Sociology of Capitalism".
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Table of Contents

Preface vii
Acknowledgments xi

PART I: GENERAL CONCERNS

Chapter 1. Introducing Economic Sociology by Neil J. Smelser and Richard Swedberg 3
Chapter 2. Comparative and Historical Approaches to Economic Sociology by Frank Dobbin 26
Chapter 3. The New Institutionalisms in Economics and Sociology by Victor Nee 49
Chapter 4. Principles of an Economic Anthropology by Pierre Bourdieu 75
Chapter 5. Behavioral Economics by Roberto Weber and Robyn Dawes 90
Chapter 6. Emotions and the Economy by Mabel Berezin 109

PART II: THE ECONOMIC CORE: ECONOMIC SYSTEMS, INSTITUTIONS, AND BEHAVIOR

Section A: The Economy in a Macrosociological Perpective

Chapter 7. The Economic Sociology of the Ancient Mediterranean World by Ian Morris and J. G. Manning 131
Chapter 8. The Global Economy: Organization, Governance, and Development by Gary Geref 160
Chapter 9. The Political and Economic Sociology of International Economic Arrangements by Neil Fligstein 183
Chapter 10. Post-Communist Economic Systems by Lawrence P. King and Iván Szelényi 205

Section B: The Sociology of Economic Institutions and Economic Behavior

Chapter 11. Markets in Society by Richard Swedberg 233
Chapter 12. The Sociology of Labor Markets and Trade Unions by Wolfgang Streeck 254
Chapter 13. Banking and Financial Markets by Linda Brewster Stearns and Mark S. Mizruchi 284
Chapter 14. Sociology of Work and Occupations by Andrew Abbott 307
Chapter 15. Culture and Consumption by Viviana Zelizer 331
Chapter 16. The Sociology of Money and Credit by Bruce G. Carruthers 355
Chapter 17. Networks and Economic Life by Laurel Smith-Doerr and Walter W. Powell 379
Chapter 18. The Informal Economy by Alejandro Portes and William Haller 403

Section C: The Sociology of Firms, Organizations, and Industries

Chapter 19. Business Groups and Social Organization by Mark Granovetter 429
Chapter 20. Entrepreneurship by Howard E. Aldrich 451
Chapter 21. Firms and Environments by Gerald F. Davis 478

PART III: INTERSECTIONS OF THE ECONOMY

Chapter 22. The State and the Economy by Fred Block and Peter Evans 505
Chapter 23. A Sociological Approach to Law and the Economy by Lauren B. Edelman and Robin Stryker 527
Chapter 24. Welfare States and the Economy Evelyne by Huber and John D. Stephens 552
Chapter 25. Education and the Economy by Mary C. Brinton 575
Chapter 26. New Directions in the Study of Religion and Economic Life by Robert Wuthnow 603
Chapter 27. Gender and Economic Sociology by Paula England and Nancy Folbre 627
Chapter 28. The Ethnic Economy by Ivan Light 650
Chapter 29. Technology and the Economy by Giovanni Dosi, Luigi Orsenigo, and Mauro Sylos Labini 678
Chapter 30. The Economy and the Environment by Allan Schnaiberg 703

Contributors 727 Index 729

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First Chapter

Chapter One
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