Want to know what books Neil Fligstein recommends on their reading list? We've researched interviews, social media posts, podcasts, and articles to build a comprehensive list of Neil Fligstein's favorite book recommendations of all time.
1
In An Engine, Not a Camera, Donald MacKenzie argues that the emergence of modern economic theories of finance affected financial markets in fundamental ways. These new, Nobel Prize-winning theories, based on elegant mathematical models of markets, were not simply external analyses but intrinsic parts of economic processes.
Paraphrasing Milton Friedman, MacKenzie says that economic models are an engine of inquiry rather than a camera to reproduce empirical facts. More than that, the emergence of an authoritative theory of financial markets altered those markets fundamentally.... more In An Engine, Not a Camera, Donald MacKenzie argues that the emergence of modern economic theories of finance affected financial markets in fundamental ways. These new, Nobel Prize-winning theories, based on elegant mathematical models of markets, were not simply external analyses but intrinsic parts of economic processes.
Paraphrasing Milton Friedman, MacKenzie says that economic models are an engine of inquiry rather than a camera to reproduce empirical facts. More than that, the emergence of an authoritative theory of financial markets altered those markets fundamentally. For example, in 1970, there was almost no trading in financial derivatives such as futures. By June of 2004, derivatives contracts totaling $273 trillion were outstanding worldwide. MacKenzie suggests that this growth could never have happened without the development of theories that gave derivatives legitimacy and explained their complexities.
MacKenzie examines the role played by finance theory in the two most serious crises to hit the world's financial markets in recent years: the stock market crash of 1987 and the market turmoil that engulfed the hedge fund Long-Term Capital Management in 1998. He also looks at finance theory that is somewhat beyond the mainstream--chaos theorist Benoit Mandelbrot's model of wild randomness. MacKenzie's pioneering work in the social studies of finance will interest anyone who wants to understand how America's financial markets have grown into their current form. less See more recommendations for this book...
2
The United States, France, and Britain use markedly different kinds of industrial policies to foster economic growth. To understand the origins of these different policies, this book examines the evolution of public policies governing one of the first modern industries, the railroads. The author challenges conventional thinking in economics, political science, and sociology by arguing that cultural meaning plays an important role in the development of purportedly rational policies designed to promote industrial growth. This book has implications for the study of rational institutions of all... more The United States, France, and Britain use markedly different kinds of industrial policies to foster economic growth. To understand the origins of these different policies, this book examines the evolution of public policies governing one of the first modern industries, the railroads. The author challenges conventional thinking in economics, political science, and sociology by arguing that cultural meaning plays an important role in the development of purportedly rational policies designed to promote industrial growth. This book has implications for the study of rational institutions of all sorts, including science, management, and economics, as well as for the study of culture. less 
Neil FligsteinForging Industrial Policy is an economic sociology classic and looks at the evolution of railroad policies in England, France and the United States. Railroads are a track-bound means of transport, yet different countries with different cultural and political traditions organised railroads in different ways. (Source)
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3
This classic study of how 282 men in the United States found their jobs not only proves "it's not what you know but who you know," but also demonstrates how social activity influences labor markets. Examining the link between job contacts and social structure, Granovetter recognizes networking as the crucial link between economists studies of labor mobility and more focused studies of an individual's motivation to find work.
This second edition is updated with a new Afterword and includes Granovetter's influential article "Economic Action and Social Structure: The Problems of... more This classic study of how 282 men in the United States found their jobs not only proves "it's not what you know but who you know," but also demonstrates how social activity influences labor markets. Examining the link between job contacts and social structure, Granovetter recognizes networking as the crucial link between economists studies of labor mobility and more focused studies of an individual's motivation to find work.
This second edition is updated with a new Afterword and includes Granovetter's influential article "Economic Action and Social Structure: The Problems of Embeddedness."
"Who would imagine that a book with such a prosaic title as 'getting a job' could pose such provocative questions about social structure and even social policy? In a remarkably ingenious and deceptively simple analysis of data gathered from a carefully designed sample of professional, technical, and managerial employees . . . Granovetter manages to raise a number of critical issues for the economic theory of labor markets as well as for theories of social structure by exploiting the emerging 'social network' perspective."—Edward O. Laumann, American Journal of Sociology
"This short volume has much to offer readers of many disciplines. . . . Granovetter demonstrates ingenuity in his design and collection of data."—Jacob Siegel, Monthly Labor Review
"A fascinating exploration, for Granovetter's principal interest lies in utilizing sociological theory and method to ascertain the nature of the linkages through which labor market information is transmitted by 'friends and relatives.'"—Herbert Parnes, Industrial and Labor Relations Review
less Neil FligsteinYou can’t talk about economic sociology without talking about Mark Granovetter. Getting a Job is a classic work of economic sociology. It’s really the only book he wrote – he’s mostly an articles academic. (Source)
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4
Viviana A. Zelizer | 3.92
A distinguished social scientist shows what money really does for us—and to us. The book describes how people have invented their own forms of currency, earmarking money in ways that baffle market theorists, incorporating funds into webs of friendship and family relations, and otherwise differentiating the process by which spending and saving takes place. more A distinguished social scientist shows what money really does for us—and to us. The book describes how people have invented their own forms of currency, earmarking money in ways that baffle market theorists, incorporating funds into webs of friendship and family relations, and otherwise differentiating the process by which spending and saving takes place. less Neil FligsteinPeople tend to think that a dollar is a dollar. That money is interchangeable and impersonal. At least this is the argument that economics makes. What Viviana showed is that, in fact, people divide currencies in different ways, according to the social purposes for which they’re used. For example, if a holiday is coming people will sit down and put a bunch of money aside to spend on gifts. That... (Source)
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5
Los sujetos sociales se diferencian por las distinciones que realizan -entre lo sabroso y lo insípido, lo bello y lo feo, lo distinguido y lo vulgar- en las que se expresa o se traiciona su posición. El análisis de las relaciones entre los sistemas de enclasamiento (el gusto) y las condiciones de existencia (la clase social) conduce así a una crítica social del criterio selectivo que es, inseparablemente, una descripción de las clases sociales y de los estilos de vida.
Podría comenzarse la lectura de este libro por el capítulo final, titulado «Elementos para una crítica "vulgar" de... more Los sujetos sociales se diferencian por las distinciones que realizan -entre lo sabroso y lo insípido, lo bello y lo feo, lo distinguido y lo vulgar- en las que se expresa o se traiciona su posición. El análisis de las relaciones entre los sistemas de enclasamiento (el gusto) y las condiciones de existencia (la clase social) conduce así a una crítica social del criterio selectivo que es, inseparablemente, una descripción de las clases sociales y de los estilos de vida.
Podría comenzarse la lectura de este libro por el capítulo final, titulado «Elementos para una crítica "vulgar" de las críticas puras», que pone de manifiesto las categorías sociales de percepción y apreciación que utiliza Kant en su análisis del juicio del gusto. Pero lo esencial de esta ya clásica obra del sociólogo francés Pierre Bourdieu se encuentra en la investigación que, al precio de un enorme trabajo de encuesta empírica y de crítica teórica, conduce a una reformulación de todas las tradicionales interrogaciones sobre lo bello, el arte, el gusto y la cultura. less 
Juliet SchorBourdieu shows how the patterns of consumption in a society come out of structures of social inequality. He groups the consumer realm with the economic. (Source)
Neil FligsteinBourdieu doesn’t see consumption as something we do to satisfy needs, but a function of social status. We consume to become the person that we want to be. (Source)
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