Postmodern Moments in Modern Economics

Postmodern Moments in Modern Economics

Author: David F. Ruccio

Publisher: Princeton University Press

Published: 2016-06-28

Total Pages: 372

ISBN-13: 1400880114

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Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, "moments" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the "multiple self" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today.


Postmodern Moments in Modern Economics

Postmodern Moments in Modern Economics

Author: David F. Ruccio

Publisher: Princeton University Press

Published: 2016-06-28

Total Pages: 371

ISBN-13: 0691171009

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Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, "moments" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the "multiple self" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today.


Postmodernism, Economics and Knowledge

Postmodernism, Economics and Knowledge

Author: Stephen Cullenberg

Publisher: Psychology Press

Published: 2001

Total Pages: 514

ISBN-13: 9780415110266

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It should serve as a useful reference tool for all those studying postmodernism and the history of economic thought.


Postmodern Portfolio Theory

Postmodern Portfolio Theory

Author: James Ming Chen

Publisher: Springer

Published: 2016-07-26

Total Pages: 345

ISBN-13: 1137544643

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This survey of portfolio theory, from its modern origins through more sophisticated, “postmodern” incarnations, evaluates portfolio risk according to the first four moments of any statistical distribution: mean, variance, skewness, and excess kurtosis. In pursuit of financial models that more accurately describe abnormal markets and investor psychology, this book bifurcates beta on either side of mean returns. It then evaluates this traditional risk measure according to its relative volatility and correlation components. After specifying a four-moment capital asset pricing model, this book devotes special attention to measures of market risk in global banking regulation. Despite the deficiencies of modern portfolio theory, contemporary finance continues to rest on mean-variance optimization and the two-moment capital asset pricing model. The term postmodern portfolio theory captures many of the advances in financial learning since the original articulation of modern portfolio theory. A comprehensive approach to financial risk management must address all aspects of portfolio theory, from the beautiful symmetries of modern portfolio theory to the disturbing behavioral insights and the vastly expanded mathematical arsenal of the postmodern critique. Mastery of postmodern portfolio theory’s quantitative tools and behavioral insights holds the key to the efficient frontier of risk management.


Postmodernism, or, The Cultural Logic of Late Capitalism

Postmodernism, or, The Cultural Logic of Late Capitalism

Author: Fredric Jameson

Publisher: Duke University Press

Published: 1992-01-06

Total Pages: 474

ISBN-13: 9780822310907

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Now in paperback, Fredric Jameson’s most wide-ranging work seeks to crystalize a definition of ”postmodernism”. Jameson’s inquiry looks at the postmodern across a wide landscape, from “high” art to “low” from market ideology to architecture, from painting to “punk” film, from video art to literature.


Marxism in the Postmodern Age

Marxism in the Postmodern Age

Author: Antonio Callari

Publisher: Guilford Press

Published: 1994-10-01

Total Pages: 588

ISBN-13: 9780898624243

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Diverse Marxian intellectual cultures are having important effects on political struggles over the subjects of history and knowledge, international law, television, the state, democratic theories and institutions, bodies, sexuality, masculinity, environmentalism, postmodernism, labor, the meanings of the end of the USSR, children, archaeology, the meanings of Columbus, cartography, the North American economy, welfare, NAFTA, the Gulf War, higher education, and the many other topics discussed by the contributors to this important volume. These essays show readers how Marxism's continuing vitality derives from its profound allegiance to diverse struggles for social justice. At this moment we need progressive imaginaries alternative to the tired and ineffectual ones that have left us with enormous challenges and compelling questions on every aspect of contemporary social relations. Here, well-known thinkers are joined by important new voices in exploring fruitful directions for vision, analysis, and political action. This is without question the best collection of mediations so far on postorthodox Marxian tendencies in contemporary global cultures.


The Postmodern Condition

The Postmodern Condition

Author: Jean-François Lyotard

Publisher: U of Minnesota Press

Published: 1984

Total Pages: 142

ISBN-13: 9780816611737

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In this book it explores science and technology, makes connections between these epistemic, cultural, and political trends, and develops profound insights into the nature of our postmodernity.


Post-Postmodernism

Post-Postmodernism

Author: Jeffrey Nealon

Publisher: Stanford University Press

Published: 2012-08-01

Total Pages: 243

ISBN-13: 0804783217

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Post-Postmodernism begins with a simple premise: we no longer live in the world of "postmodernism," famously dubbed "the cultural logic of late capitalism" by Fredric Jameson in 1984. Far from charting any simple move "beyond" postmodernism since the 1980s, though, this book argues that we've experienced an intensification of postmodern capitalism over the past decades, an increasing saturation of the economic sphere into formerly independent segments of everyday cultural life. If "fragmentation" was the preferred watchword of postmodern America, "intensification" is the dominant cultural logic of our contemporary era. Post-Postmodernism surveys a wide variety of cultural texts in pursuing its analyses—everything from the classic rock of Black Sabbath to the post-Marxism of Antonio Negri, from considerations of the corporate university to the fare at the cineplex, from reading experimental literature to gambling in Las Vegas, from Badiou to the undergraduate classroom. Insofar as cultural realms of all kinds have increasingly been overcoded by the languages and practices of economics, Nealon aims to construct a genealogy of the American present, and to build a vocabulary for understanding the relations between economic production and cultural production today—when American-style capitalism, despite its recent battering, seems nowhere near the point of obsolescence. Post-postmodern capitalism is seldom late but always just in time. As such, it requires an updated conceptual vocabulary for diagnosing and responding to our changed situation.


Everything, All the Time, Everywhere

Everything, All the Time, Everywhere

Author: Stuart Jeffries

Publisher: Verso Books

Published: 2021-10-26

Total Pages: 385

ISBN-13: 1788738225

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A radical new history of a dangerous idea Post-Modernity is the creative destruction that has shattered our present times into fragments. It dynamited modernism which had dominated the western world for most of the 20th century. Post-modernism stood for everything modernism rejected: fun, exuberance, irresponsibility. But beneath its glitzy surface, post-modernism had a dirty secret: it was the fig leaf for a rapacious new kind of capitalism. It was also the forcing ground of the 'post truth', by means of which western values got turned upside down. But where do these ideas come from and how have they impacted on the world? In his brilliant history of a dangerous idea, Stuart Jeffries tells a narrative that starts in the early 1970s and continue to today. He tells this history through a riotous gallery that includes David Bowie, the Ipod, Frederic Jameson, the demolition of Pruit-Igoe, Madonna, Post-Fordism, Jeff Koon's 'Rabbit', Deleuze and Guattari, the Nixon Shock, The Bowery series, Judith Butler, Las Vegas, Margaret Thatcher, Grand Master Flash, I Love Dick, the RAND Corporation, the Sex Pistols, Princess Diana, the Musee D'Orsay, Grand Theft Auto, Perry Anderson, Netflix, 9/11 We are today scarcely capable of conceiving politics as a communal activity because we have become habituated to being consumers rather than citizens. Politicians treat us as consumers to whom they must deliver. Can we do anything else than suffer from buyer's remorse?


Consumer Culture and Postmodernism

Consumer Culture and Postmodernism

Author: Mike Featherstone

Publisher: SAGE

Published: 1991

Total Pages: 184

ISBN-13: 9780803984158

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Implicit within claims that society itself is in some sense postmodern is an argument about the priority of consumption as a determinant of everyday life. In this view, mass media advertising and market dynamics lead to a constant search for new fashions, new styles, new sensations and experiences. Material goods are consumed as `communicators'; they are valued as signifiers of taste and of lifestyle. This volume examines the viability of this portrait of contemporary society. Mike Featherstone explores the roots of consumer culture, how it is defined and differentiated and the extent to which it represents the arrival of a `postmodern' world. He examines the theories of consumption and postmodernism among contemporary social theorists such