Historical institutionalism has not yet grappled with the deeper intellectual challenges of “going global.” Understanding international, particularly global, institutions, requires attention to and theorizing of a global social context, one that does not rely on a national government in the background, ready to enforce laws and rules. It also requires theories about the global organizations ...

While an economy is always ‘embedded’ in society, the relationship between the two is undergoing profound changes in Europe, resulting in widespread instability which is emphasised by the current crisis. This book analyses these changes, and in particular pressures of intensifying international competition, globalization and financialization within Europe. Henry Farrell, “Social Institutions among Economists in ...