Do Economists Make Markets?: On the Performativity of Economics (repost)
Do Economists Make Markets?: On the Performativity of Economics by Donald MacKenzie
English | July 1, 2008 | ISBN: 0691138494, 0691130167 | 392 pages | PDF | 11,7 Mb
English | July 1, 2008 | ISBN: 0691138494, 0691130167 | 392 pages | PDF | 11,7 Mb
Around the globe, economists affect markets by saying what markets are doing, what they should do, and what they will do. Increasingly, experimental economists are even designing real-world markets.
But, despite these facts, economists are still largely thought of as scientists who merely observe markets from the outside, like astronomers look at the stars. Do Economists Make Markets? boldly challenges this view. It is the first book dedicated to the controversial question of whether economics is performative–of whether, in some cases, economics actually produces the phenomena it analyzes.