Description
Revolutionises our understanding of value, using contemporary financial examples from the global crash of 2008 to the rise of Bitcoin.
About the Author
Dave Elder-Vass's experience as a government economist, a corporate IT manager, and a sociologist at Loughborough University gives him a unique insight into the contemporary economy. His previous books include Profit and Gift in the Digital Economy (2016) and The Reality of Social Construction (2012).
Reviews
'Dave Elder-Vass has acquired a reputation as one of critical realism's most ambitious thinkers. Inventing Value will surely enhance this reputation. In it he critiques and rejects theories of subjective and objective value as currently conceived and develops his own approach to 'normative standards of value'. Conventions are important, significant belief is not merely individual and value is constructed and structured. Anyone with an interest in political economy, finance and economics will find something worth pondering in its pages.' Jamie Morgan, Leeds Beckett University
'A cynic may know the price of everything and the value of nothing, but Dave Elder-Vass understands why so many things have both values and prices. Here he engages classical debates about the theory of value even as he analyzes contemporary examples of value creation and destruction in venture capital, bitcoin, and subprime securitizations. People intrigued by the mysteries of modern finance will find much of interest here.' Bruce G. Carruthers, Northwestern University
Book Information
ISBN 9781009199339
Author Dave Elder-Vass
Format Hardback
Page Count 250
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 490g
Dimensions(mm) 235mm * 158mm * 19mm