Tag: Will Davies

My notes on Davies, W. (2017). Elites without hierarchies: Intermediaries,‘agency’and the super-rich. In Cities and the super-rich (pp. 19-38). Palgrave Macmillan, New York. Who are the super-rich, and what do they want? This is the question which a thought provoking paper by Will Davies begins with and it’s one which has preoccupied me in recent years. […]

In Zygmunt Bauman’s Legislators and Interpreters, he identifies two different contexts in which the role of the ‘intellectual’ is performed and two different strategies which develop in response to them: The legislator makes “authoritative statements” which “arbitrate in controversies of opinions and which selects those opinions which, having been selected, become correct and binding”. The […]

Advertising is no less important in producing and regulating the new spirit of capitalism. It too conducts a subtle game of instrumentalizing unhappiness and dissatisfaction with capitalism as a motivation for consumption. This was witnessed as early as the 1920s, when American marketers targeted a growing collective sense of ennui and alienation from urban-capitalist existence, a feeling […]

To respond to this particular crisis of measure, economics and psychology are being forcibly re-married. Behavioural and experimental economics have their earliest origins in game theory in the 1940s, which allowed economists and psychologists to compare normative rational choice-making—that is, according to neo-classical economics—with empirical choice-making, as observed under laboratory conditions. The gap between economists’ […]