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Karin Knorr Cetina – The Sociology of Financial Markets

Financial markets have often been seen by economists as efficient mechanisms that fulfill vital functions within economies. But do financial markets really operate in such a straightforward manner? The Sociology of Financial Markets explores this question by approaching financial markets from a sociological perspective.

Review

Review from the previous edition… until now sociologists have shown little sustained interest in financial markets. The situation is clearly changing, however, and this welcome volume reveals that there are many different ways to apprehend these fascinating and perplexing institutions.’ The American Journal of Sociology

`The Sociology of Financial Markets documents [the] intriguingly fresh perspectives [which] are emerging on personal interactions in such settings as trading floors, corporate boards of directors, and central bank policy-making committees.’ Financial Analysts Journal

Author

Karin Knorr Cetina is a Professor of Sociology at the University of Constance, and a member of the Institute for Global Society Studies, University of Bielefeld, Germany. She was Professor of Sociology at the University of Bielefeld, is a former president of the International Society for Social Studies of Science, a former member of the Institute for Advanced Study, Princeton, and a future member of the Center for Advanced Study in the Behavioral Sciences in Palo Alto, CA. She has published many articles in international journals on knowledge, science, and financial markets and is the author of several books, including Epistemic Cultures:

How the Sciences Make Knowledge (Harvard University Press, 1999), which received the Robert K. Merton Prize and the Ludwig Fleck Prize. Alex Preda teaches social theory at the University of Edinburgh, UK. His previous positions were at the universities of Constance and Bielefeld, Germany. He holds a doctorate in sociology from the University of Bielefeld and an M.A. in philosophy from the University of Bucharest. He is the author of AIDS, Rhetoric, and Scientific Knowledge (Cambridge University Press, 2004), among others. His present research focuses on the transatlantic emergence of investor cultures in the late nineteenth century and on the relationship between vernacular economics and academic financial theories.

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