An Engine, Not a Camera provides an insightful appreciation of the ways in which financial models influence and shape the world they seek to understand.(Anthony Hopwood Times Higher Education Supplement)
A brilliant, extremely lucid account of the connections between financial economics and the development of futures, options, and derivatives markets between the 1950s and 2001.(Neil Fligstein American Journal of Sociology)
An Engine, Not a Camera is a compelling, detailed, and elegantly written exploration of the conditions in which finance economists help to make the world they seek to describe and predict. Donald MacKenzie has long been without equal as a sociologist of how late modern futures are brought into being and made authoritative. This is his best work yet.(Steven Shapi, Franklin L. Ford Professor of the History of Science, Harvard University)
Maggie Mort tells the fascinating and unusual story of the development of a high-tech submarine from the point of view of workers on the project.(Michel Callon, Ecole des Mines de Paris)
Donald MacKenzie is Professor of Sociology (Personal Chair) at the University of Edinburgh. His books include Inventing Accuracy (1990), Knowing Machines (1996), and Mechanizing Proof (2001), all published by the MIT Press. Portions of An Engine, not a Camera won the Viviana A. Zelizer Prize in economic sociology from the American Sociological Association.
An unusually clear description of the underlying concepts, a vivid history of investment market frameworks and unusual insights. Thoroughly recommendedPublished 15 months ago by Martin Venier
'[T]he belief that a theory can be tested by the realism of its assumptions independently of the accuracy of its predictions is widespread and the source of much of the perennial... Read morePublished 20 months ago by John Vos
Great introduction to academic theories in Finance. Author is overly enthusiastic about contribution academics have made to the real world of Finance, but book serves as a great... Read morePublished on December 9, 2012 by W...
MacKenzie's thesis in this book is well known and worthy of consideration: financial models such as Black-Scholes are not simply tools of the finance industry, they actually... Read morePublished on April 10, 2012 by Herbert Gintis
I am going to concentrate my review on those chapters of the book that deal with the comparison -contrast done by the author between the financial models/theories created at the... Read morePublished on October 11, 2010 by Michael Emmett Brady