Markets on Trial

Part of a series of texts on the sociology of complex organizations, this collection of twenty-two articles on the sociology of the current U.S. economic crisis showcases current scholarship examining a variety of aspects of financial regulation, markets and corporate policy making. Divided into sections covering the fundamentals of the financial crisis, normal accident perspective, the historical grounds for the crisis, speculative markets and business cycles, and the long term effects of crisis and reform, individual essays address such topics as the anatomy of the mortgage securitization crisis, market architecture, normal accidents and regulatory reform, the political economy of financial exuberance, and aspects of a post-ownership society. Contributors include academics in sociology, business and management from a variety of primarily American universities. Distributed in North America by Turpin Distribution. Annotation c2011 Book News, Inc., Portland, OR (booknews.com)