New article: ‘The aporetic financialisation of insurance liabilities’

The aporetic financialisation of insurance liabilities: Reserving under Solvency II. Charalampos Fytros. Finance and Society, EarlyView (2021). The valuation of insurance liabilities has traditionally been dealt with by actuaries, who closely monitored underlying illiquid features, assumed a long-term perspective, and exercised their own subjective, expert judgment. However, the new EU regulatory …

New essay: ‘Passive nihilism and ontotheology’

Passive nihilism and ontotheology: A reply to Husbands on derivative temporality. Austin Hayden Smidt. Finance and Society, EarlyView (2021). Conor Husbands’ defense and expansion of Elena Esposito’s temporality of finance is a much-needed intervention. However, in this response essay, I will show a few of the fundamental weaknesses of Esposito’s project, …

New article: ‘Assets need audiences’

Assets need audiences: How venture capitalists boost valuations by recruiting investors to asset circles. Dave Elder-Vass. Finance and Society, EarlyView (2021). Narratives and conventions have received considerable attention in recent discussions the valuation of financial assets. Narratives and , however, can only be effective to the extent that they attract and …

Just published: F&S vol. 6 no. 2

Finance and Society, vol. 6 no. 2 (2020).   The editors of Finance and Society are pleased to announce the publication of volume 6, number 2. The issue includes research articles by Fabian Muniesa and Liliana Doganova on the ‘time that money requires’ and Conor Husbands on the temporality of …

New article: ‘The time that money requires’

The time that money requires: Use of the future and critique of the present in financial valuation. Fabian Muniesa and Liliana Doganova. Finance and Society, EarlyView (2020). The future is persistently considered in the sociology of finance from two divergent, problematic angles. The first approach consists in supplementing financial reasoning with …

Book review: ‘The value of transactions in the new data economy’

The value of transactions in the new data economy. Carola Westermeier. Finance and Society, EarlyView (2020). Along with tools for video-calls, cashless payment has been among one of the technologies that gained new momentum during the global pandemic. While paying with a credit or debit card has been an everyday practice …

Just published: F&S vol. 6 no. 1

Finance and Society, vol. 6 no. 1 (2020).   The editors of Finance and Society are pleased to announce the publication of volume 6, number 1. The issue includes an article by Photis Lysandrou on financialisation and circuit theory, an essay by Daniel Tischer on Facebook’s Libra currency proposal, and …

New essay: ‘Cutting the network?’

Cutting the network? Facebook’s Libra currency as a problem of organisation. Daniel Tischer. Finance and Society, EarlyView (2020). This essay explores the organisational character of Facebook’s Libra currency by undertaking a critical reading of documents published by the Libra Association. Drawing on the conceptual work of Marilyn Strathern and Michel Serres, …

New article: ‘Financialisation and the limits of circuit theory’

Financialisation and the limits of circuit theory. Photis Lysandrou. Finance and Society, EarlyView (2020). The theory of the monetary circuit aims to provide a highly stylised account of the workings of a modern monetary production economy. While there may have been a time when it succeeded in this aim, that time …

Just published: F&S vol. 5 no. 2

Finance and Society, vol. 5 no. 2 (2019).   The editors of Finance and Society are pleased to announce the publication of volume 5, number 2. The issue includes research articles by Julian Gruin on authoritarian fintech in China, Mirjam Büdenbender and Andrea Lagna on peripheral housing financialisation, Malcolm Campbell-Verduyn …