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This paper reviews approaches of economic sociology to explaining the development and functioning of markets.
From the Paper:"In the dim distant past before the discipline of economics attempted to redefine itself as a precise mathematical science, credible economists considered the effects of institutions on markets recognized that one size does not fit all in relation to human behavior and accepted the proposition that uncertainty can never be completely factored out of any analysis of human activity, The neoclassical economic perspective prevailing in today's world however goes to extremes to define each economic relationship as narrowly as possible to eliminate uncertainty and assign a ..."
Cite this Essay:
Economic Sociology (2004, December 01) Retrieved October 04, 2022, from https://www.academon.com/essay/economic-sociology-71775/
"Economic Sociology " 01 December 2004. Web. 04 October. 2022. <https://www.academon.com/essay/economic-sociology-71775/>