Donald MacKenzie
Office hours
On research leave, August 2012-July 2013.
Research Interests
My current research is on the sociology of markets, focussing on automated trading, the use of mathematical models, and the evaluation and trading of bonds. I've worked in the past on topics ranging from the sociology of nuclear weapons to the meaning of proof in the context of computer systems critical to safety or security.
Selected Work
Unlocking the language of structured securities. Article in the Financial Times
Beneath all the toxic acronyms lies a basic cultural issue. Article in the Financial Times
My books include An Engine, Not a Camera: How Financial Models Shape Markets (MIT Press, 2006; publisher's note); Do Economists Make Markets? On the Performativity of Economics, co-edited with Fabian Muniesa and Lucia Siu (Princeton, 2007; publisher's note); and Material Markets: How Economic Agents are Constructed (Oxford, 2009; publisher's note).
Downloadable working papers:
Insurgent capitalism: Island, bricolage and the re-making of finance. Donald MacKenzie & Juan Pablo Pardo-Guerra Jan 2013
Mechanizing the Merc: The Chicago Mercantile Exchange and the Rise of High-Frequency Trading Donald MacKenzie Oct 2012
'The Formula That Killed Wall Street'? The Gaussian Copula and the Material Cultures of Modelling
Donald MacKenzie and Taylor Spears, June 2012
Drilling Through the Allegheny Mountains: Liquidity, Materiality and High-Frequency Trading, Donald MacKenzie et al, January 2012
Evaluation Cultures? On Invoking ‘Culture’ in the Analysis of Behaviour in Financial Markets. Donald MacKenzie, Sept 2011
Chalk: Materials and Concepts in Mathematics Research. Michael J. Barany & Donald MacKenzie, Preprint Sept 2011
The Credit Crisis as a Problem in the Sociology of Knowledge. Donald MacKenzie, American Journal of Sociology, May 2011.
'The Five-Second Pause', essay for London Review of Books, Donald MacKenzie, April 2011.
Knowledge Production in Financial Markets: Credit Default Swaps, the ABX and the Subprime Crisis. Donald MacKenzie, Nov 2010
'Safer than Safe', essay review of Tett, Fool's Gold, for London Review of Books, Donald MacKenzie, June 2009
'Hedge Funds', essay for London Review of Books, Donald MacKenzie, Nov 2008
'Broker's Ear', essay for London Review of Books, Donald MacKenzie, Aug 2008
'The Credit Crisis and the End-of-the-World Trade', essay for London Review of Books, Donald MacKenzie, May 2008
'Making Things the Same', Donald MacKenzie, Feb 2008 (.pdf)
'The Finitist Accountant', David Hatherley, David Leung and Donald MacKenzie, April 2007 (.pdf file)
'Finding the Ratchet: The Political Economy of Carbon Trading', essay for London Review of Books. Donald MacKenzie, March 2007 (.pdf)
'The Material Production of Virtuality: Innovation, Cultural Geography, and Facticity in Derivatives Markets. Donald MacKenzie, December 2006 (.pdf)
'Humming the Wedding March', essay for London Review of Books. Donald MacKenzie, November 2006 (.pdf file)
'Producing Accounts: Finitism, Technology and Rule-Following', Donald MacKenzie, November 2006 (.pdf file)
'Assembling an Economic Actor: The Agencement of a Hedge Fund', Iain Hardie, Donald MacKenzie, May 2006 (.pdf file)
'A Price is a Social Thing: Towards a Material Sociology of Arbitrage ', Daniel Beunza, Iain Hardie, Donald MacKenzie, January 2006 (.pdf file)
Qualifications
- BSc (University of Edinburgh)
- PhD (University of Edinburgh)
Topics interested in supervising
I'm keen to work with PhD students who have innovative project ideas in fields ranging from the sociology of science and technology to economic sociology (especially the social studies of finance, on which several of my current students are working).
This page was last published on 18 February 2013