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In recent years, sociologists have taken up a fruitful examination of such institutions as capital, labor and product markets, industrial organization, and stock exchanges. Compared to earlier traditions of economic sociology, recent work shows more interest in phenomena usually studied exclusively by economists. At the same time, recent work challenges the adequacy of the neoclassical model. In The Sociology of Economic Life, editors Granovetter and Swedberg incorporate classic and contemporary readings in economic sociology as well as offerings from related disciplines. This book provides students with a broad understanding of the dimensions of economic life. A major introduction by the editors traces the history of thought in the field and assesses recent advances and future trends. This second edition has been revised and updated, and it contains a number of new readings.