Economic Sociology on the Financial Crisis

04/03/2009

Fred Block traces the evolution of the sub-prime crisis in this very clear exposition of the problem. Donald McKenzie of Edinburgh University makes the key point that the subprime mortgage crisis was a relatively small and localised part of the financial system - what set off the spillover effects was the collapse of faith within the investment world in the 'public facts' that had been shared until then.

There are a selection of European economic sociology perspectives in the latest issue of the online newsletter Economic Sociology.

An earlier issue in 2007 also examined various issues to do with the sociology of credit, finance and investing.

Posted in: Housing

Tagged with: subprime

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