Tag Archives: market

Market Outcomes and Political Power

Read Read also: The Fed’s $16 Trillion Bailouts Under-reported The media likes to talk about markets as if they were just a force of nature.  In fact, markets and their outcomes are largely shaped by political power.  In a capitalist … Continue reading

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¡No es esto, no es esto!

Read En un gobierno de derecha hay perfecta consonancia entre la estructura de toma de decisiones y la ideología, entre la fisonomía del poder y la historia de quienes lo ejercen. Esa consonancia estricta entre lo que es (el mercado) … Continue reading

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Manuel De Landa – Markets and Antimarkets in the World Economy

Read One of the most significant epistemological events in recent years is the growing importance of historical questions in the ongoing reconceptualization of the hard sciences. I believe it is not an exaggeration to say that in the last two … Continue reading

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The place of heteregeneous and egalitarian markets in a hybrid and plurarist P2P Polity

Read It is important to understand that while the P2P approach is opposed to the infinite growth mechanism that is capitalism, and to its exclusion of the majority of the people of the ownership of their means of production, it … Continue reading

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Networks, Crowds, and Markets: Reasoning About a Highly Connected World

Read Over the past decade there has been a growing public fascination with the complex connectedness of modern society. This connectedness is found in many incarnations: in the rapid growth of the Internet, in the ease with which global communication … Continue reading

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Herd Behavior in Financial Markets

Read This paper provides an overview of the recent theoretical and empirical research on herd behavior in financial markets. It looks at what precisely is meant by herding, the causes of herd behavior, the success of existing studies in identifying … Continue reading

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Neither market nor hierarchy nor network – The emergence of bazaar governance

Read A growing body of literature describes the open source phenomenon in the software industry.  Drawing on transaction cost economics, we propose that open source projects illustrate a new generic governance structure — which we label bazaar governance — based … Continue reading

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