Economic Sociology in Retrospect and Prospect

A bstract Theory and research in the field of economic sociology have seen steady advancements in recent years. Economic sociology has become a legitimate branch of sociology as well as of economics. Nonetheless, the treatment of economic sociology in both modern economics and sociology leaves much to be desired. Various formal-terminological confusions and theoretical-substantive misconceptions are still present in the field. The present article advances some proposals for remedying this situation. In particular, it provides clarifications of and amendments to the current treatment of issues, such as the relationship between economics and sociology, the character of economic sociology, its links to economic theory, socio-economics, and rational choice theory, as well as the question of the old versus the new economic sociology. Special emphasis is placed on the relationships between economic sociology and rational choice theory, given the latter's claims to universality. It is hoped that the article will thereby redress certain inconsistencies found in some previous treatments of economic sociology as well as stimulate further refinements.     

Pareto, Parsons, and the Boundary Between Economics and Sociology

A bstract .   Recent discussions of the separation bUniversity of Bremenetween economics and sociology in the United States highlight the way Talcott Parsons used Vilfredo Pareto's Trattato di Sociologia Generale to propose that economics study logical actions and sociology study nonlogical actions. This article argues instead that in Pareto's treatise: (1) sociology is a synthetic discipline concerned with the study of human society in general; (2) human behavior is nearly always logical from a subjective point of view; and (3) sociology studies both logical and nonlogical behavior judged from an objective viewpoint. Thus, Pareto is an important intellectual ancestor for economic sociology.     

The Changing Relationship Between Economic Sociology and Institutional Economics

A bstract In his early work. Talcott Parsons severely criticized Old Institutional Economists like Thorstein Veblen and Clarence Ayres. Parsons'main objection was that institutional economics had a misconceived view on the scope of economics: institutions, being the embodiment of values, were the proper subject of sociology rather than economics. By arguing for a clear-cut division of labor between economics and sociology. Parsons legitimated the divide between the two disciplines that came into being in the years to follow. Recently however, the relationship between economic-sociology and institutional economics has changed dramatically. New Economic Sociology (advocated by scholars like Mark Granovetter and Richard Swedberig) rejects the division of labor proposed by Parsons. By-providing substitutes rather than just complements to economics, it tries to counter economic imperialism. This creates significant similarities between New Economic Sociology, Old Institutional Economics and the recent return of institutionalism in economic theory. However, the quest for a division of labor between economics and sociology remains unfinished.     

The Sociology of Knowledge as a Tool for Research Into the History of Economic Thought

A bstract . Hill and Rouse's formulation of Mannheim's framework for the sociology of knowledge as a means of examining the history of economic thought is rejected although it is held that they render an important service to economics by arguing the need for employment of the sociology of knowledge as a research tool. They have not appropriated Mannheim's categories authentically and they apply them in an overly simplified and undialectical manner. Even Mannheim's authentic formulation of the sociology of knowledge suffered limitations which more recent work enables us to overcome. What is believed to be a superior sociology of knowledge framework for investigating the evolution of economic thought is constructed by joining the Berger-Luckmann model of legitimation with Habermas's philosophical anthropology. Increasingly economists are recognizing that their discipline is in a state of crisis. The crucial issue is how we can better understand the sociological nature of economic thought—its social functioning—to enable us to formulate our own economic theory so as to maximize human welfare.     

Max Weber as an Economist and as a Sociologist

A bstract In this article I first give a picture of Weber as an economist, mainly by focussing on a text which he distributed to his students when he taught economics in the 1890s. From this text it is, for example, clear that Weber was positive to the use of marginal utility theory in theoretical economics, but also felt that this approach was insufficient, by itself, to analyze empirical phenomena. I then outline Weber's work in economic sociology, relying primarily on Economy and Society and its central Chapter 2 ("Sociological Categories of Economic Action"). The differences between the approaches of economic theory and economic sociology, as seen by Weber, are summarized, and an account is given of some of Weber's most suggestive concepts in economic sociology. In the concluding section the question is raised as to when the analyst, according to Weber, should use economic sociology rather than economic theory, and vice versa. Weber's ideas about a broad economic science–what he termed Sozialökonomik or social economics–are also presented.     

Interpenetration Versus Embeddedness

A bstract .   The economy and economics are important fields in Talcott Parsons's work. Parsons's contributions on this subject were, however, mostly critically received in the new economic sociology. In this article, main points of criticism of Parsons's economic sociology will be discussed and the question asked whether the importance of Parsons's works in economic sociology was adequately treated. It will be demonstrated that the critical assessments was based for the most part on theoretical conceptions Parsons developed during his structural-functionalist period. Hence the assessments neglected to discuss the theory of expressive-symbolic communication of affect that Parsons developed in his later systems-functionalist period. However, precisely these later theoretical developments correlate directly with the concept of social embeddedness as a key concept in the new economic sociology. A stronger linking with this development in Parsons's theory could bring economic sociology closer to finding a foundation in action theory, which has been missing up to the present.     

The Evolution of the Allied Social Science Associations

The organization of the meetings of the approximately 50 economics associations of the Allied Social Science Associations has evolved over the past 140 years, beginning with meetings of the American Social Science Association in 1865, which included social scientists from political science, history, sociology, and economics. Out of this association, the separate disciplines formed their own organizations beginning in the 1880s. Though several of these associations continued to meet together until the 1930s, each discipline gradually separated its meetings from those of the others. During the 1940s, however, other newly formed economics associations began meeting at the same time and place as the AEA, and the Allied Social Science Associations evolved out of these meetings. Though the name of the organization includes “social science,” the associations meeting together are predominately, if not completely, economics associations. These associations, however, profess many different approaches to the study of economics. This paper traces the evolution of these meetings and attempts to come to some conclusions concerning the significance of this association, the most important of which is the role of the ASSA in providing a broad and tolerant platform and a vehicle through which different points of view toward economic theory and policy can be discussed.     

Uncertainty and Economic Sociology:

A BSTRACT . The paper discusses the role of uncertainty in economic sociology, aiming to clarify some controversial issues in the related literature. Initially, some conceptual remarks are made about the relation between economic sociology, neoclassical economics, and rational choice theory. Next, in light of the existing literature on uncertainty and economic sociology, we distinguish between complexity and different types of uncertainty. We also identify different versions of the maximization hypothesis and examine their relations to the different types of uncertainty. Then we defend a concept of fundamental uncertainty that emphasizes the role of institutions. A theory that combines fundamental uncertainty and institutions should emphasize not only the existence of behavior in accordance with institutions, but also the possibility of creative, bold, unconventional behavior, discussed next, as people may use the knowledge provided by institutions to go against the tide. Finally, we suggest that the primary distinction should be that between approaches to economic issues, not between disciplines.     

Conceptualizing Professionalism

A bstract The main argument presented here is that economics provides a necessary but not sufficient analysis of professionalism. A sufficient analysis can only be generated by recognizing the sociological significance of professionals, and in particular the institutionalization of a professional ethic. In this way we suggest that economics needs sociology to provide an effective conceptualization of professionalism as a form of organization and as a mode of behavior. Equally, however, sociology needs economics, because while the sociological context provides an explanation of the way power is institutionalized, an economic focus is necessary to maintain a role for individual agency. These arguments are illustrated with a discussion of the historical and institutional complexities of professional organization; we look particularly at nursing and certain routinized areas of legal work and accountancy.     

我国农村劳动力转移法律问题研究——以“民工荒”现象为例

我国一向被认为廉价劳动力"无限供给",经过20多年的发展,却出人意料地大范围出现"民工荒",农村劳动力转移已经成为危及当代中国经济发展前景的关键问题.这需要从管理学、经济学、社会学等多学科角度进行分析和探讨,特别需要在法学视野下对农村劳动力转移进行研究.以利益为理论基点,在对"民工荒"现象有所诠释和成因剖析,并进而构建完善农村劳动力转移的路径选择.     

重构流通经济学:基于商务经济学的视角

流通经济学研究的贫困问题不容忽视。主要原因在于学科的基本概念模糊、学科定位不准、没有一个科学的研究范式。但是,流通经济学贫困不能否定流通经济学科的存在。构建商务经济学是解决流通经济学贫困的出路,因为它拓宽了流通经济学的研究领域和研究空间,使得流通、贸易、商业等术语使用混乱的状况得到改善。商务经济学可以加速内外贸学科一体化,突出电子商务的作用。     

Max Weber

A bstract .   This paper argues that Weber's outline and research program is only of limited relevance for present-day economic sociology and heterodox economics because Weber had a rather narrow and static understanding of rationality and the economy. Uncertainty, both as a basic fact of economic life and in the interpretation of what rational action means in specific contexts, is missing in his approach. After a short discussion of the secondary literature on Weber's methodology, the paper focuses on the most important writings of Weber on methods and economics (e.g., his outline and some parts of Economy and Society ). The result of our investigation is that Weber shared a rather narrow, neoclassical understanding of the Austrian variant of economics. His important construction of goal-oriented behavior as the major methodological advice to analyze human action presupposes the idealized assumptions of perfect knowledge. His understanding of the market exchange process, price setting, and the functioning of full competition are rather conventional and elementary. Weber's genius did not materialize in the field of economics, but in his sociology of religion and law and in his sociology of domination.     

Economic Sociology vs. Real Life: The Case of Grocery Shopping

Economic sociology improves on neoclassical economics but underanalyzes the economic activity of the consumer, leaving the assumption of consumer sovereignty unchallenged. We believe economic sociology marginalizes consumer activity because it is written from the standpoint of privileged men. Using institutional ethnography, we examine economic activity beginning from a standpoint of the person who grocery shops for a family. Starting from this standpoint exposes the gendered character of both the economy and economic sociology's conventional approach to analyzing it.     

Parsonian Economic Sociology

A bstract .   This article focuses on Parsonian economic sociology and its actual or potential bridges and contributions to contemporary economics. These bridges are methodological or epistemological and theoretical or substantive ones. A relevant instance of the methodological bridges is socioeconomic holism, epitomized in the systems approach to economy and society. An important case of the theoretical bridges is sociological institutionalism. The holistic systems approach is a pertinent methodological bridge in that it treats the economy as an integral element of society as a larger system, and consequently treats economics as part of the complex of social sciences. Sociological institutionalism is an important theoretical bridge to (especially institutional) economics by virtue of its emphasis on social institutions and their economic significance. Some other methodological and theoretical bridges of Parsonian economic sociology to contemporary economics are also identified and discussed.     

Schumpeter's Challenge to Economists: History,Theory, and Statistics as Key Competencies and Sociology as a Vision for the Future

Schumpeter wrote that a “scientific” economist is competent in three “techniques”: economic theory, economic history, and statistics. In addition, he mentions economic sociology. The current interpretation is that theory, history, and statistics refer to aspects of research that can emerge in any field of science. Their content and relations can be clarified with Mach's writings. Economic sociology is not a technique within economics, but a part of general sociology. The rationale of economic and general sociology becomes clear by considering Schumpeter's interpretations of Marx's ideas. Schumpeter's ultimate ambition may have been a grand theory following Marx's vision.     

Economic Sociology

A bstract . Economic sociology covers the gray area between the disciplines of economics and sociology brings scholars from both disciplines together to communicate over topics of interest. This communication provides debate that stimulates and strengthens social theory , which in turn, allows for better policy recommendations. A major area for concern in the development of economic sociology has been the presence of economic imperialism combined with economic bubris , the effects of which could suffocate economic sociology. These phenomena arc examined along with the trends over the past twenty years in the development of economic sociology and the relative impact that "economic sociologists" from both disciplines are having on their respective fields. Observing these trends will allow for an analysis of the developments in economic sociology and a assessment of where It is going in the future.     

Beyond Twin Deficits

A bstract This paper outlines new developments in the sociology of money. It highlights certain aspects of Post Keynesian monetarism and explores Keynesian concepts of emotions relative to economics and economic sociology. Gunnar Myrdal's work on time and money contributes to the discussion. Underdeveloped areas of discourse in both sociology and economics are identified and the resulting superficiality of references to money are examined. Sociology, for example, has historically neglected concepts of future time and money, while economics has paid little attention to emotions and organizations. Removing these orthodox barriers allows economics to be informed by concepts previously relegated to sociology, such as emotions of trust and confidence. This process may induce the disaffected from both disciplines to draw from each other, creating an alternative, and ultimately more satisfactory understanding of money.     

THE ECONOMICS OF ABSENCE: THEORY AND EVIDENCE

Abstract. Worker absenteeism constitutes a significant loss of work-time and therefore has important implications for both household income and firm productivity. Despite this, the economics profession has been somewhat laggard relative to other disciplines in addressing the phenomenon. The situation is, however, changing, with recent years witnessing a mild flurry of activity. The aim of this paper is to maintain, and if possible, enhance this momentum. We do this firstly by developing some basic theoretical ideas which we consider to be central to an economic analysis of absence. In particular, we address the often cited claim that observed absence is unequivocally inefficient. Second, by reviewing some of the key contributions, we attempt to assess where the literature on the economics of absence stands at present, as well as suggesting some potentially fruitful lines of future enquiry.     

A Socio-Dynamic Understanding of Markets

A bstract    Economic sociology furthers a healthy alternative to price-theory–oriented economics as it sets out to remedy the invisibility of the market within the latter. There is, however, no doubt that such a market-oriented sociology is still in its infancy, given among other issues its inability to shoulder market change. The void thus recognized opens up the potential for a market idea with both social and dynamic properties. There is good reason to believe that such an endeavor would benefit from the constructive blending of economic sociology and Austrian economics. This paper argues that such a "socio-Austrian" connection is in the position to enrich the socioeconomic discourse in general and its market conception in particular.     

Assessing the New Synthesis of Economics and Sociology

A bstract In this essay, the emergence of the "New Synthesis" of economics and sociology is explored and analyzed in the context of the classical writings in economic sociology ("Old Synthesis"). The aim is not to provide an exhaustive survey, but rather a selective assessment that introduces readers to the most important questions, answers, and contributions of this emerging and important specialized literature. The essay seeks to i) translate faithfully the internal logic of this active specialty field into a language and problematic that can be appreciated by non-specialists, ii) identify central assumptions and themes in the New Synthesis writings that seem particularly promising for the appreciation of contemporary economic happenings, and iii) indicate opportunities for the development of further theoretical richness by incorporating Old Synthesis approaches.