Fine tuning the Zelizer view

Research output: Contribution to journalArticlepeer-review

70 Scopus citations


Fine and Lapavitsas accept my critique of neoclassical economics as well as my empirical findings, but too hastily reject the arguments underlyng both of them. Despite their complaints to the contrary, my work provides viable definitions of money and markets, offers a theoretically motivated research program, demonstrates the heterogeneity of money and markets, deals with standard economic processes, and addresses general theoretical issues. Within recent economic sociology, both 'context' and 'alternative' approaches improve on the stark choice between neoclassical economics and conventional Marxist political economy posed by Fine and Lapavitsas.

Original languageEnglish (US)
Pages (from-to)383-389
Number of pages7
JournalEconomy and Society
Issue number3
StatePublished - Aug 2000

All Science Journal Classification (ASJC) codes

  • History
  • Economics and Econometrics
  • General Social Sciences


  • Markets
  • Marxist economics
  • Money
  • Neoclassical economics


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