“Social Institutions among Economists in the Wake of the Financial Crisis,” in Economy and Society in Europe: A Relationship in Crisis – eds. Luigi Burroni, Maarten Keune and Gugliemo Mardi

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 the Wake of the Financial Crisis,” in Economy and Society in Europe: A Relationship in Crisis eds. Luigi Burroni, Maarten Keune and Gugliemo Mardi (Edward Elgar: 2012).

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Other Writing:

Academic Article

Analytical Democracy: A Microfoundational Approach – with Hugo Mercier and Melissa Schwartzberg

Henry Farrell, Hugo Mercier and Melissa Schwartzberg (2023), “Analytical Democracy: A Microfoundational Approach,” American Political Science Review. 117,2:767-772. A prominent and publicly influential literature challenges the quality of democratic decision making, drawing on political science findings with specific claims about the ubiquity of cognitive bias to lament citizens’ incompetence. A competing literature in democratic theory ...
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Academic Article

Institutions and Majority Rule in Online Communities – with Melissa Schwartzberg

Norms, Minorities, and Collective Choice Online Much work in political science and political theory, ranging from the arguments of eighteenth-century political theorists, such as Condorcet and Rousseau, to modern social-choice theory, concerns the relationship between decision rules and collective choice. It is emphatically clear that the former have important consequences for the latter. Individuals’ preferences ...
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