Does economic theory provide anything like a concrete set of reliable policies for creating sustained economic growth in a middle-income country? Some contemporary economists believe that it is possible to answer this question in the affirmative. However, I don't find this confidence justified. One such economist is Justin Yifu Lin. Lin is a leading Chinese …
Rational choice institutionalism
Where do institutions come from? And what kinds of social forces are at work to stabilize them once they are up and running? These are questions that historical institutionalists like Kathleen Thelen have considered in substantial depth (link, link, link). But the rational-choice paradigm has also offered some answers to these questions as well. The basic …
A new exposition of assemblage theory
Manuel DeLanda has been a prominent exponent of the theory of assemblage for English-speaking readers for at least ten years. His 2006 book A New Philosophy of Society: Assemblage Theory and Social Complexity has been discussed numerous times in this blog (link, link, link). DeLanda has now published a new treatment of the subject, Assemblage …
What is “conceptual history”?
The post-war German historian Reinhart Koselleck made important contributions to the theory of history that are largely independent from the other sources of Continental philosophy of history mentioned elsewhere in this blog. (Koselleck’s contributions are ably discussed in Niklas Olsen's History in the Plural: An Introduction to the Work of Reinhart Koselleck (2012).) Koselleck contributed to …
Guest post by Paul Draus and Juliette Roddy
Paul Draus and Juliette Roddy have been involved in street-level sociological research in Detroit for over ten years. Roddy is an economist and a member of the Sault Ste. Marie Tribe of Ojibwe Indians. She studies substance use, recovery and re-entry in the city of Detroit and teaches health policy and health economics in the …
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New Directions in the Philosophy of Social Science
I am very happy to say that my new book appeared this week, New Directions in the Philosophy of Social Science. Thanks to all the people at Rowman & Littlefield who helped bring it to completion, including especially my editor Sarah Campbell. I hope that the book will be of interest to readers of Understanding …
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Measuring happiness internationally
One reasonable way of thinking about the most fundamental goal of international economic development is to increase the level of human happiness in all countries, and to reduce the degree of inequality of happiness within and across countries. But, as Aristotle asked several millennia ago, what is happiness? And how can we measure it, either …
Guest post by Dave Elder-Vass
[Dave Elder-Vass accepted my invitation to write a response to my discussion of his recent book, Profit and Gift in the Digital Economy (link). Elder-Vass is Reader in sociology at Loughborough University and author as well of The Causal Power of Social Structures: Emergence, Structure and Agency and The Reality of Social Construction, discussed here and here. Dave has …
Tilly on moving through history
We have long given up on the idea that history has direction or a fundamental motor driving change. There are no iron laws of history, and there is no fundamental driver of history, whether market, class struggle, democracy, or "modernization." And there is no single path forward into a more modern world. At the same …
Capitalism as a heterogeneous set of practices
Image: O. Beauchesnes, "Map of the Geographical Structure of Wikipedia Links" (link) A key part of understanding society is making sense of the "economy" in which we live. But what is an economy? Existing economic theories attempt to answer this question with simple unified theories. The economy is a profit-driven market system of firms, workers, …
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