Front Cover; Understanding the Culture of Markets; Copyright Page; Contents; Preface; 1 Introduction; 2 Economists should study culture; 3 But economists often misunderstand the relationship between culture and markets; 4 Economists ought to be looking at the spirits that animate markets; 5 This does not mean that economists have to abandon economics; Epilogue; Notes; Bibliography; Index.
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SUMMARY OR ABSTRACT
Text of Note
How does culture impact economic life? Is culture like a ball and chain that actors must lug around as they pursue their material interests? Or, is culture like a tool-kit from which entrepreneurs can draw resources to aid them in their efforts? Or, is being immersed in a culture like wearing a pair of blinders? Or, is culture like wearing a pair of glasses with tinted lenses? Understanding the Culture of Markets explores how culture shapes economic activity and describes how social scientists (especially economists) should incorporate considerations of culture into their analysis.