Beverungen, Armin
Markets
- ISBN 13:
- 9781517906467
- author:
- Beverungen, Armin
- format:
- Paperback / softback
- publisher:
- University of Minnesota Press
- language:
- English
- Publication Year:
- 2019
- Pages:
- 144
- Dimensions:
- 17.8 x 12.7 centimetres
- Genre:
- Nonfiction, Social Sciences, General,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
A media theory of markets is still emerging. This volume brings together key thinkers in economic studies with German media theory to explore the role of media specificity in markets. Armin Beverungen, Philip Mirowski and Nik-Khah examine how contemporary market-design practices rely on neoliberal conceptions of information in markets. Their work reveals the denigration of human cognition and the faith in computation that underpins these practices. Schröter also investigates the asymmetries and abstractions that characterize money as a medium, while Beverungen situates this research within a broader media theory of markets concerned with contemporary phenomena such as high-frequency trading and cryptocurrencies. This book offers a nuanced analysis of the relationship between markets and media, shedding new light on the ways in which markets are shaped by technological and economic forces.