The American Journal of Economics and Sociology

The American Journal of Economics and Sociology publishes scholarly essays in the social sciences, with an emphasis on the intersection of sociology and economics. Also included are book reviews and profiles of historical figures.

Articles from Vol. 65, No. 1, January

A Comment on Talcott Parsons at Brown University
Professor Sciortino offers his impressions of the recently discovered transcriptions of the seminar Parsons participated in at Brown University on March 10, 1973. The publishing of the transcript of the 1973 seminar with Talcott Parsons at Brown...
A Seminar with Talcott Parsons at Brown University: "My Life and Work" (in Two Parts) Saturday, March 10, 1973
Seminar Faculty: Robert M. Marsh, Martin U. Martel, Dietrich Rueschemeyer, Albert F. Wessen, and C. Parker Wolf in sociology; and A. Hunter Dupree in the history of science. Faculty Visitors: George H. Borts and Mark B. Schupack (economics), Erwin...
Economics, Sociology, and the "Professional Complex": Talcott Parsons and the Critique of Orthodox Economics
A number of recent commentaries point to a renewed interest in the relationship between economics and sociology (Swedberg 1991; Smelser and Swedberg 1994). What is also evident is that this relationship is uneasy and, seemingly, contradictory. Economists,...
Interpenetration versus Embeddedness: The Premature Dismissal of Talcott Parsons in the New Economic Sociology
Introduction TALCOTT PARSONS WAS ALSO AN ECONOMIC SOCIOLOGIST. In fact, his works in this field represent an already impressive sociological oeuvre. Even before The Structure of Social Action ([1937] 1949a) was published, Parsons (1991) had produced...
On Teasing out Sociology from Economics: A Brief Note on Parsons and Schumpeter
At several points in his 1973 Brown Seminar, Parsons mentions events and people that may help us to get a better understanding of his life and work. This is also true, on a minor scale, for his relationship to Joseph Schumpeter, his colleague and (distant)...
Pareto, Parsons, and the Boundary between Economics and Sociology
Introduction DURING THE LAST 15 YEARS, SCHOLARS HAVE BEGUN DISCUSSING the personalities and ideas that produced an almost complete separation between economics and sociology for a significant part of last century, particularly in the United States...
Parsonian Economic Sociology: Bridges to Contemporary Economics
Parsons conceives of economic sociology in terms of a sociological analysis of the economy, including markets, which has become a standard definition of the field (Smelser and Swedberg 1994; Swedberg 2003). In general, his economic sociology is an...
Power: A Note on Talcott Parsons and the Brown University Conversations
In one sense, the Brown University conversations see Parsons reflecting in a fairly predictable way on the major preoccupations of his intellectual life. The consistent drive to map the social through general theory building is well represented here,...
The American Journal of Economics and Sociology
Introduction In 1987, JEFFREY ALEXANDER pointed to an important pedagogic aspect of modern sociology that sets this discipline apart from the other social sciences such as economics. In sociology, the history of sociology matters. It gives shape...
The Global System of Finance: Scanning Talcott Parsons and Niklas Luhmann for Theoretical Keystones
Introduction HOW CAN WE EXPLAIN a seemingly limitless growth of financial transactions that "is close to 1500 trillion dollars a day, which is more than seventy times the daily volume of international trade of goods" (Goldfinger 2000: 72)? Does...