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Introduction to Principles of Economic Sociology

In: Principles of Economic Sociology

Author

Listed:
  • Richard Swedberg

    (Cornell University Center for the Study of Economy and Society)

Abstract

The last fifteen years have witnessed an explosion in the popularity, creativity, and productiveness of economic sociology, an approach that traces its roots back to Max Weber. This important new text offers a comprehensive and up-to-date overview of economic sociology. It also advances the field theoretically by highlighting, in one analysis, the crucial economic roles of both interests and social relations. Richard Swedberg describes the field's critical insights into economic life, giving particular attention to the effects of culture on economic phenomena and the ways that economic actions are embedded in social structures. He examines the full range of economic institutions and explicates the relationship of the economy to politics, law, culture, and gender. Swedberg notes that sociologists too often fail to properly emphasize the role that self-interested behavior plays in economic decisions, while economists frequently underestimate the importance of social relations. Thus, he argues that the next major task for economic sociology is to develop a theoretical and empirical understanding of how interests and social relations work in combination to affect economic action. Written by an author whose name is synonymous with economic sociology, this text constitutes a sorely needed advanced synthesis--and a blueprint for the future of this burgeoning field.

Suggested Citation

  • Richard Swedberg, 2007. "Introduction to Principles of Economic Sociology," Introductory Chapters, in: Principles of Economic Sociology, Princeton University Press.
  • Handle: RePEc:pup:chapts:7525-1
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    Cited by:

    1. Becker, Kai Helge, 2016. "An outlook on behavioural OR – Three tasks, three pitfalls, one definition," European Journal of Operational Research, Elsevier, vol. 249(3), pages 806-815.
    2. Jean-Marc Touzard & Yuna Chiffoleau & Camille Maffezzoli, 2016. "What Is Local or Global about Wine? An Attempt to Objectivize a Social Construction," Sustainability, MDPI, vol. 8(5), pages 1-20, April.
    3. Marie Ferru & Michel Grossetti & Marie-Pierre Bès, 2011. "Measuring social embeddedness : how to identify social networks in science-industry partnerships ?," ERSA conference papers ersa11p971, European Regional Science Association.
    4. Stamm, Isabell & Sandham, Allan, 2023. "A bitter adjustment for German family capitalism: Succession and a changing ownership transfer regime," MPIfG Discussion Paper 23/5, Max Planck Institute for the Study of Societies.
    5. Mreji, Pamela & Barnard, Helena, 2021. "The micro-foundations of the returnee liability: The interpersonal challenges of returnee entrepreneurs in Kenya," Journal of International Management, Elsevier, vol. 27(2).

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