Title Markets
Subtitle
Author Beverungen, Mirowski, Nik-Khah, Schröter
ISBN 9781517906467
List price GBP 18.99
Price outside India Available on Request
Original price
Binding Paperback
No of pages 124
Book size 127 x 178 mm
Publishing year 2019
Original publisher University Of Minnesota Press (Combined Academic Publishers)
Published in India by .
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
Status New Arrival
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Description:

A media theory of markets

This politically and historically attuned media theory of markets is concerned with contemporary phenomena such as high-frequency trading and cryptocurrencies. By bringing together key thinkers of economic studies with German media theory, it describes the central role of the media specificity of markets in new detail.

Markets abound in media—but a media theory of markets is still emerging. Anthropology offers media archaeologies of markets, and the sociology of markets and finance unravels how contemporary financial markets have witnessed a media technological arms race. Building on such work, this volume brings together key thinkers of economic studies with German media theory, describes the central role of the media specificity of markets in new detail and inflects them in three distinct ways. Nik-Khah and Mirowski show how the denigration of human cognition and the concomitant faith in computation prevalent in contemporary market-design practices rely on neoliberal conceptions of information in markets. Schröter confronts the asymmetries and abstractions that characterize money as a medium and explores the absence of money in media. Beverungen situates these inflections and gathers further elements for a politically and historically attuned media theory of markets concerned with contemporary phenomena such as high-frequency trading and cryptocurrencies.


Contents:

Series Foreword

Chapter 1: Capital’s Media (Armin Beverungen)

Chapter 2: The Ghosts of Hayek in Orthodox Microeconomics: Markets as Information Processors (Edward Nik-Khah and Philip Mirowski)

Chapter 3: Money Determines Our Situation (Jens Schröter)

Authors


About the Authors:

Philip Mirowski is professor of history and philosophy of science and Carl Koch Professor of Economics at the University of Notre Dame. He is the author of More Heat than Light, Machine Dreams, ScienceMart, and Never Let a Serious Crisis Go to Waste, and, with Edward Nik-Khak, of The Knowledge We Have Lost in Information.

Edward Nik-Khah is professor of economics at Roanoke College. He is the author, with Philip Mirowski, of The Knowledge We Have Lost in Information.

Jens Schröter is professor of media studies at the University of Bonn. He is the author of 3D, as well as a number of books in German.

Armin Beverungen is lecturer in media studies at the University of Siegen.


Target Audience:

People interested in Media Studies, Economics and Business.

 

 
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