An Engine, Not a Camera – How Financial Models Shape Markets by MacKenzie, Donald - 2008

MIT Press, 2008-08-29. First Edition. paperback. Used: Good.

Cambridge: The MIT Press, 2006. Paperback. Good. Paperback. 9" X 6". x, 377pp. Mild rubbing, bumps, and shelf wear to covers, corners, and edges of paper wraps. Remnants of removed sticker to rear cover. Remainder mark to bottom edge of text block. Pages are clean and unmarked. Binding is sound. ABOUT THIS BOOK: 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,… Read More

Mit Pr, 2008. Paperback. New. 392 pages. 9.25x6.00x1.00 inches.

MIT Press, 2008-08-29. First Edition. paperback. Used:Good.

MIT Press , pp. 392 . Papeback. New.

Paperback / softback. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; A pioneering work in the social studies of finance describes how the emergence of modern finance theory has affected financial markets in fundamental ways--as an engine that shapes them rather than a camera that reproduces their every d

paperback. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.

Mit Pr, 2008. Paperback. New. 392 pages. 9.25x6.00x1.00 inches.