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< BACK An Engine, Not a Camera How Financial Models Shape Markets Donald MacKenzie Endorsements"In one lifetime modern finance theory has revolutionized the arts of canny investing. MacKenzie knows this exciting story, and he tells it well."—Paul A. Samuelson, MIT, Nobel Laureate in Economic Sciences (1970) "Having returned from an audacious incursion into the black box of modern financial markets, Donald MacKenzie shows how economic theory has succeeded in capturing and shaping them. This book will be of substantial interest to specialists in a range of fields including economics, finance theory, economic sociology, and science and technology studies. But MacKenzie's tour de force is to make clear, even to nonspecialists, that through complex technical issues, alternative forms of economic organization can be imagined and discussed." —Michel Callon, École des Mines de Paris "Donald MacKenzie has long been one of the world's most brilliant social and historical analysts of science and technology. Here he provides an original, astute, and exhaustively researched account of the development of finance theory and the ways in which it is intertwined with financial markets. An Engine, Not a Camera is essential for anyone interested in markets and the forms of knowledge deployed in them." —Karin Knorr Cetina, University of Konstanz and University of Chicago "An Engine, Not a Camera is a compelling, detailed, and elegantly written exploration of the conditions in which finance economists help to make the world they seek to describe and predict. Donald MacKenzie has long been without equal as a sociologist of how late modern futures are brought into being and made authoritative. This is his best work yet." —Steven Shapin, Franklin L. Ford Professor of the History of Science, Harvard University |
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