“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).

Access the full text here.

Other Writing:

Essay

Hypocrisy Hype (debate) with Michael Cohen and Martha Finnemore

In their essay “The End of Hypocrisy” (November/December 2013), Henry Farrell and Martha Finnemore argue that the biggest threat from leakers of classified information such as Chelsea Manning and Edward Snowden is that “they undermine Washington’s ability to act hypocritically and get away with it.” According to Farrell and Finnemore, the more than 750,000 diplomatic ...
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Essay

Globalized Green Lanternism

American political commentators have frequently called for the U.S. president to take effective action to improve world economic growth. Such calls are a form of what Matthew Yglesias has dubbed “Green Lanternism”—the unspoken theory that the U.S. president’s ability to affect outcomes is primarily affected by his willpower. In this article, I examine the opposite—and ...
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