“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

AI’s Big Rift is Like a Religious Schism

TWO CENTURIES ago Henri de Saint-Simon, a French utopian, proposed a new religion, worshipping the godlike force of progress, with Isaac Newton as its chief saint. He believed that humanity’s sole uniting interest, “the progress of the sciences”, should be directed by the “elect of humanity”, a 21-member “Council of Newton”. Friedrich Hayek, a 20th-century ...
Read Article
Essay

How to Save the Euro – and the EU: Reading Keynes in Brussels with John Quiggin

John Quiggin and I have a “piece”:http://www.foreignaffairs.com/articles/67761/henry-farrell-and-john-quiggin/how-to-save-the-euro-and-the-eu on the eurozone mess in the new issue of _Foreign Affairs._ The piece is subscriber-only, but we’re allowed to post it (in Web format) for six months or so on a personal or institutional website. Accordingly, the piece can be found below the fold. The piece was finished ...
Read Article