Yuval M, researcher and teacher

Beyond Irrationality: How Social Networks and Structures Shape Financial Markets by Crawford Spence* There is plenty of work out there on financial intermediaries. Most of this can be found in finance or economics journals and displays little evidence of its authors having spen…

Beyond Irrationality. @yuvalmillo.bsky.social @profcrawfordspence.bsky.social & James J. Valentine astutely show in their new excellent book how exactly social networks and structures shape financial markets and asset management. economicsociology.org/2025/09/06/b...

London bus stop near Amazon HQ 🔥

I was interviewed for a podcast today. Robin Powell from Timeline did a great job in interviewing Crawford Spence and me about our new book (Inertia, Columbia UP). He even got us to try and predict the future of the field of investment advice... A tricky one if you criticise financial professionals.

If the IRS deprives Harvard of its tax-exempt status, that's very bad for Harvard but it's also a catastrophe for the IRS. Instead of a neutral agency that enforces tax law, it will become a tool of partisan warfare. It may never recover.

The Rise of the Platform Music Industries A critical appraisal of the latest round of platform intermediation, centred on MusicTech, social media platforms and user-generated content, live streaming, crowdfunding and gamification, that is res...

With proofs now edited and index completed, The Rise of the Platform Music Industries by @allanwatson1.bsky.social and me is all set for publication in June 2025. Phew! Delighted too with @agendapub.bsky.social's clever cover design. www.agendapub.com/page/detail/...

Reposting this, as I saw that I missed many relevant people...

"In financial markets social groups persist through habit, routine, and path dependency. Financial intermediaries use their positions to maintain a state of affairs from which they benefit .. portray their world as one of dynamism & innovation, in reality a strategic and purposeful inertia prevails"

Good news on steel, can MPs please do universities next Saturday?

Hi, if you are interested in social studies of finance, sociology of markets and related subjects...

My Blue sky account in 3 words:
Sociology
Accounting
Climate

Academia
Social Impact
Climate change finane

New year, new article! I am so delighted to see my piece on venture capital logics, military AI companies and their impact on shaping military norms out with @finandsoc.bsky.social. Open access! #civmilsky #milsky www.cambridge.org/core/journal...

Biden plans to ban some offshore drilling in a way Trump would struggle to undo | CNN Business President Joe Biden is expected to permanently ban future offshore oil and gas development in parts of the Atlantic and Pacific oceans in a way that could be especially difficult for the incoming Trum...

Some good news from grandpa Joe...
edition.cnn.com/2025/01/03/b...

Today is, believe it or not, the official publication date of “Finance Aesthetics - A Critical Glossary.” The perfect Christmas gift 🎁

Love it when bookshops or libraries arrange their books appropriately...

You'll like the book, I think. You'll see, I believe, that it's a lot more than mere ignorance that drives fund management...

Numbers 1 and 2 go directly against sell-side active investment principles :-)

Inertia | Columbia University Press Financial professionals are paid as if they were capable of “beating the market” on a regular basis. In fact, active fund managers routinely underperform... | CUP

We assume that highly paid professionals consistently beat the market. Yet research shows that active funds often underperform passive funds, and analysts’ recommendations can be unreliable. Why does this system persist?
Inertia, our new book: tinyurl.com/4rjcpc9h

Fellas, I don’t post here a lot but you should absolutely know this // help me spread the word!

Violent crackdowns are happening in Tbilisi, Georgia. We are fighting for our lives here.

Please, please, please help us spread the word.

I have a new article that introduces a prosocial paradigm for performance management, challenging the neoclassical focus on self-interest by emphasizing prosocial behavior and group dynamics. Drawing on evolutionary science, the paper advocates a prosocial market economy.
tinyurl.com/5n6zt5hh

Wow. Here is one to brighten up your morning. The first images of the restored interior of Notre Dame cathedral. Breathtaking. In just five years France did it

Great academic opportunities: 15 calls for papers, 13 postdocs, 5 jobs, 4 PhD fellowships, 2 summer schools, 2 visitorships, 2 grants Dear ES/PE community members, find below an abundant and excellent list of great academic opportunities: 15 calls for papers for conferences (some are partly or even fully funded) and special issue…

15 calls for papers (some are funded), 13 postdocs, 5 jobs, 4 PhDs, 2 summer schools, 2 grants, 2 visitorships, an award in economic #sociology, political economy, economic history and broadly related fields, with deadlines till December 20. Share! Good luck! economicsociology.org/2024/11/23/g...

Applications are open for two fully-funded PhD programmes at @UniversityofWarwick's WBS!

🔹 Looking to experience independent thinking in a world-class interdisciplinary environment? Download our PhD brochure - wbs.ac.uk/about/downlo...

🔥Tomorrow!
ReSES Argumenta Distinguished Lecture by Professor Mariana Mazzucato: "A New Approach to Industrial Strategy"
💻 Join the webinar: helsinki.zoom.us/j/6733955913...
ℹ️More info: reses-argumenta.fi?p=1091
#econsky #philsci

Yeah, this is the going rate, as far as I know.

Seminar on the 2024 Nobel Economics Prize
“Can Institutions Explain Poverty and Prosperity?”
by Jari Eloranta & Matti Mitrunen
18.11.2024, 14:00 | Tekla Hultin (F3003) | University of Helsinki
ℹ️ reses-argumenta.fi?p=1095
💻 video.helsinki.fi/unitube/live...
#Helsinki #Nobel #Economics #econsky

She is always spot-on.

A Primer on Self-Fulfilling Prophecies Self-fulfilling prophecies refer to situations where an initial belief or expectation influences behaviors that lead to the fulfillment of that belief.

This primer introduces the theory behind self-fulfilling prophecies, explores its various applications, and discusses its broader implications for social theory and practice.

#sociology

easysociology.com/general-soci...

Hi, I'm a prof at a business school, but my background is in sociology. Mostly sociology of markets and value.