The empire of value : a new foundation for economics

The empire of value : a new foundation for economics / André Orléan ; translated by M.B. DeBevoise.

"With the advent of the 2007-2008 financial crisis, the economics profession itself entered into a crisis of legitimacy from which it has yet to emerge. Despite the obviousness of their failures, however, economists continue to rely on the same methods and to proceed from the same underlying as...

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Bibliographic Details
Main Author: Orléan, André (Author)
Other Authors: DeBevoise, M. B. (Translator)
Format: eBook
Language:English
French
Published: Cambridge, Massachusetts : The MIT Press, [2014]
Subjects:
2008-2009
Value.
Economics.
Global Financial Crisis, 2008-2009.
value (economic concept)
economics.
BUSINESS & ECONOMICS > Industries > General.
BUSINESS & ECONOMICS > Economic Conditions.
Economics
Value
Online Access:Click for online access
Uniform Title:Empire de la valeur.
Table of Contents:
  • Introduction
  • part I. Critique of political economy. 1. Substance value ; 2. Market objectivity ; 3. Scarcity and status
  • part II. The institution of value. 4. Money ; 5. A new approach to value
  • part III. Market finance. 6. Financial valuation ; 7. Liquidity and speculation
  • part IV. Self-referential finance and the subprime crisis. 8. Euphoria, 2003 to 2007 ; 9. The crisis, 2007 to 2008
  • Conclusion.

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