Maxpo Newsletter 2019/2

2019/2

MaxPo Newsletter

Highlights

Cornelia Woll new MaxPo Co-director

Cornelia Woll takes over the co-direc- She holds a habilitation from the Uni- torship of MaxPo in September 2019. versity of Bremen, a binational PhD Succeeding Jenny Andersson, she re- from the University of Cologne and turns to the position she held from Sciences Po and a MA and BA from 2012 to 2015, co-directing the Center the University of Chicago. She held together with Olivier Godechot. the Alfred Grosser Chair of the Goethe University Frankfurt in 2018 and was a Cornelia Woll is Professor of Political Visiting Fellow at the Center for Euro- Science at Sciences Po Paris and a re- pean Studies at Harvard University in searcher at the Center for European 2011/12. Studies and Comparative Politics (CEE). Her work focuses on comparative and Her books The Power of Inaction: Bank international political economy, in par- Bailouts in Comparison (2014) and Firm Cornelia Woll ticular business–government relations Interests: How Governments Shape and economic policy in Europe and Business Lobbying on Global Trade the United States. At MaxPo, she will (2008) were both published by Cornell continue her research on the politics University Press. Further work has ex- of finance, studying the dynamics of -fi amined economic patriotism, dynamics nancial market regulation, the political of European integration and interest influence of large companies, and the group politics. constraints financialized economies For more information: place on political processes. https://tinyurl.com/corneliawoll Before joining Sciences Po, Cornelia https://tinyurl.com/wollresearch Woll was a postdoctoral and doctoral researcher at the Max Planck Institute for the Study of Societies in Cologne. Page 02 | 2019/2 MaxPo Newsletter Highlights

Former MaxPo Co-director Jenny An- Comparative Politics (CEE) at Sciences dersson stepped down from her co-di- Po Paris and an Associated MaxPo Fel- rectorship after four successful and low for the duration of the current re- productive years in order to pursue a search program. long-term research stay at the Swed- For more information: ish Collegium for Advanced Study in https://tinyurl.com/anderssonjenny Uppsala and Uppsala University. She

Jenny Andersson remains CNRS Research Professor in the Center for European Studies and

Jan Boguslawski and Mattia Lupi: Two new doctoral researchers

MaxPo is pleased to welcome two new Mattia Lupi holds a Master’s degree doctoral researchers in Political Science in Public Policy from LUISS University, in September 2019. Rome, and received a Bachelor in Polit- ical Science and International Relations Jan Boguslawski obtained a Bachelor’s from Roma Tre University. His research degree in History from University Col- interests include political history, polit- Jan Boguslawski lege London in 2014 and a Master’s ical economy and the politics of central degree in Economic Sociology from banking. His research project aims to the London School of Economics and assess the interplay between the Bank Political Science in 2015. He has also of Italy and the political elite between studied financial law at the Universi- the 1970s and early 1990s when major ty of Warsaw. Before joining MaxPo, political, institutional, and financial Jan worked as a political consultant in changes occurred. In particular, he Warsaw. Jan’s doctoral research project will study how the consolidation of at MaxPo will examine the impact of Mattia Lupi the autonomy of Italy’s central bank ideological factors upon the design of in the face of the Treasury took place selected welfare policies in twenty-first and how this influenced the historical century Poland, and explore how they development of Italy in the context of have facilitated the local rise of house- globalization and EU integration. hold financialization. https://tinyurl.com/maxpodocs

Florence Haegel, Director of the Centre d’études européennes et de politique comparée (CEE) of Sciences Po, is a new member of the MaxPo Joint Coun- cil. She replaces Patrick Le Galès, who withdrew from his role in June 2019. MaxPo wishes to thank Patrick for his

Florence Haegel service to the Center and welcomes Florence to her new advisory role.

https://tinyurl.com/jointcouncil Page 03 | 2019/2 MaxPo Newsletter MaxPo Visiting Researchers and Speakers in Fall 2019

Donald MacKenzie is Professor in the Sociology of Nuclear Missile Guidance School of Social and Political Science (1990); An Engine, Not a Camera: How at the University of Edinburgh. His Financial Models Shape Markets (2006); current research is on the sociology and Chains of Finance: How Investment of markets, focusing on automated Management Is Shaped (2017), co-au- trading. Previous topics of research thored with Diane-Laure Arjaliès, Phil- range from the sociology of nuclear ip Grant, Iain Hardie, and Ekaterina

Donald MacKenzie weapons to the meaning of proof in Svetlova. the context of computer systems criti- http://www.sps.ed.ac.uk/staff/ cal to safety or security. His books include Inventing Accuracy: A Historical

Walden Bello is Professor of Sociology He is the author or co-author of twen- at the State University of New York at ty books, including Food Wars (2009), Binghamton and Senior Research Fel- Capitalism’s Last Stand? (2013), Drag- low at the Center for Southeast Asian ons in Distress: Asia’s Miracle Econo- Studies of Kyoto University in Japan. mies in Crisis (1990), and Development He served as a member of the House Debacle: The World Bank in the Philip- of Representatives of the Philippines pines (1982).

Walden Bello from 2009 to 2015, during which he Bello got his BA from the Ateneo de was chairman of the Committee on Manila University in 1966 and his PhD Overseas Workers Affairs. His resigna- in Sociology from Princeton University tion from the House in 2015 in protest in 1975. at the policies of the Aquino adminis- tration is the only instance of a resig- https://www.waldenbello.org/ nation on principle in the history of the Congress of the Philippines.

Grégoire Mallard is Professor in the De- (2016), and Global Science and Nation- partment of Anthropology and Sociol- al Sovereignty: Studies in Historical ogy and Co-director of the Executive Sociology of Science (2008). His other Master in “International Negotiation publications focus on prediction, the and Policymaking” at the Graduate role of knowledge and ignorance in di- Institute of International and Develop- plomacy, and the study of harmoniza- ment Studies (Geneva). tion of legal regimes as a social process.

Grégoire Mallard In 2017, he has been the recipient of an He is the author of Fallout: Nuclear Di- ERC starting grant (2017–2022) for his plomacy in an Age of Global Fracture new project titled “Bombs, Banks, and (2014) and Gift Exchange: The Transna- Sanctions.” tional History of a Political Idea (2019). He is also the co-editor of Contractual http://www.gregoiremallard.com Knowledge: One Hundred Years of Le- gal Experimentation in Global Markets Page 04 | 2019/2 MaxPo Newsletter MaxPo Visiting Researchers and Speakers in Fall 2019

Johannes Lindvall is Professor of Po- research program “State-Making and litical Science at Lund University. His the Origins of Global Order in the research is concerned with political Long Nineteenth Century and Beyond” institutions, public policy, the role of (STANCE; 2015–2020). His work has interest organizations in political deci- been published in many peer-reviewed sion-making, and, more generally, the journals. He is the author of two books relationship between states and mar- in English, Mass Unemployment and

Johannes Lindvall kets. He is currently the principal inves- the State (2010) and Reform Capacity tigator of a project on policing, school- (2017), both with Oxford University ing, and public health in comparative Press. and historical perspective (2017–2022) https://tinyurl.com/johanneslindvall and member of the team behind the

Alexander Kentikelenis is Assistant global processes, national responses, Professor of Political Economy and So- and local- or individual-level outcomes. ciology at Bocconi University. Before He has published extensively on three moving to Milan, Kentikelenis was a re- research areas: decision-making in search fellow in politics at the Universi- global governance, the development ty of Oxford, a fellow in transnational and evolution of global norms, and the studies at Harvard University, and a social consequences of austerity and

Alexander Kentikelenis research associate in political econo- market-oriented reforms. my at the University of Cambridge. His http://www.kentikelenis.net/ research focuses on the links between

Florian Überbacher is a Postdoctoral multinational companies and other in- Researcher in Management at the Uni- ternational organizations can be gov- versity of Zurich. He received a PhD in erned. His research has been published Management from the University of in the Administrative Science Quarterly, St. Gallen. His research focuses on the Journal of Management Studies, Orga- role of power and influence in insti- nization Studies and other outlets. tutional environments with current https://tinyurl.com/florianueberbacher Florian Überbacher projects focusing in particular on how

News

Andreas Eisl, Doctoral Fellow at Max- Francesco Findeisen, Doctoral Fellow Po, will start in September 2019 as a at MaxPo in Sociology, will defend his research fellow on European economic doctoral dissertation entitled “Financ- policy at the Institut Jacques Delors in ing Metropolitan Infrastructure Deliv- Paris, where he will be part of a Hori- ery: The Politics of Governance in Lon- zon 2020 project entitled “EU Integra- don and New York City,” on October tion and Differentiation for Effective- 25th, 2019. ness and Accountability – EU IDEA.” Page 05 | 2019/2 MaxPo Newsletter Forthcoming Events 2019/2020

September 19, 12:30–2 p.m. December 2, 1:30–3:30 p.m. MaxPo Impromptu Amphithéâtre Erignac, Salle Goguel, 27 rue Saint-Guillaume 13 rue de l’Université Florian Überbacher, Joint MaxPo–PSIA seminar University of Zurich Walden Bello Territory Beliefs and the General China’s Financial System on the Brink: Deterrence of Transnational Organiza A Discussion with Walden Bello tional Misconduct Discussants: Cornelia Woll, MaxPo; Victor Mallet, Financial Times, Paris

September 30, 12:30–2:30 p.m. February 3, 12:30–2:30 p.m. MaxPo SCOOPS Salle Jean Monnet, Salle du Conseil, 13 rue de l’Université 56 rue Jacob, CERI Myungji Yang, Joint MaxPo–CHSP–CERI seminar University of Hawai’i at Mānoa Grégoire Mallard, Graduate Institute Manufacturing Fear: The Construction of International and Development of a Political Identity on the Korean Studies, Geneva Right, 1987–2018 Gift Exchange: The Transnational Discussant: Caterina Froio, CEE History of a Political Idea March 13, 10 a.m.–12 p.m. Discussants: Florence Bernault; Joint MaxPo–CSO seminar CHSP, Jérôme Sgard, CERI Lynette Spillman, October 22, 12:30–2:30 p.m. University of Notre Dame Salle Goguel, 27 rue Saint-Guillaume Economic Culture in the Public Sphere CEE general seminar–MaxPo SCOOPS April 27, 12:30–2:30 p.m. Johannes Lindvall, Department of Salle du Conseil, 13 rue de l’Université Political Science, Lund University James Savage, University of Virginia Immigration Policy and Social Policy Financialization, Financial Crises, since the 1930s Budgetary Rules, and Fiscal Austerity Discussants: Jan Rovny, CEE/LIEPP, Discussant: Colin Hay, CEE Tirzah Jensen, MaxPo/CEE May 18, 12:30–2:30 p.m. November 25, 12:30–2:30 p.m. Salle du Conseil, 13 rue de l’Université Joint MaxPo–CEE seminar Joint MaxPo–CHSP seminar Alexander Kentikelenis, Department Alexander Nützenadel, of Social and Political Sciences, Bocconi Humboldt University Berlin University, Milan Fascism, Technocracy, and Economic The Boardroom Dynamics of Globali Populism in Europe, 1920–1940 zation: How Politics and Expertise Discussant: Marc Lazar, CHSP Shape the World Polity Discussant: Matthias Thiemann, CEE June 15, 12:30–2:30 p.m. Joint MaxPo–LIEPP seminar maxpo.eu/events.asp Salle Goguel, 27 rue Saint-Guillaume Mark Thomas, York University, Toronto Clocked In: Work, Time, and Technology in the Digital Economy Page 06 | 2019/2 MaxPo Newsletter Recent Publications

Bartley, Tim, Matthew Soener, and Carl Gershenson. 2019. Power at a Distance: Organizational Power across Boundaries. Sociology Compass, published online 10 September 2019. https://onlinelibrary.wiley.com/doi/full/10.1111/soc4.12737

Chiriboga-Tejada, Andrés. 2019. La gestion de la liquidité dans l’économie du Bien Vivre. Crisol 9, “Le bien vivre” (Buen vivir) en Équateur: alternative au dével- oppement ou développement alternatif?,” published online August 22, 2019. http://crisol.parisnanterre.fr/index.php/crisol/article/view/210

Eisl, Andreas. 2019. [Book review] Who Is Watching the Shadow Banks? About: Matthias Thiemann, The Growth of Shadow Banking, Cambridge University Press, 2018. books & ideas, published online 6 June 2019. https://booksandideas.net/Who-Is-Watching-the-Shadow-Banks.html

Godechot, Olivier, and Zinaida Salibekyan. 2019. Should We Clash or Should I Go? The Impact of Low Wage and Poor Working Conditions on the Exit–Voice Trade- Off. Labour, published online 14 May 2019. https://onlinelibrary.wiley.com/doi/full/10.1111/labr.12155

Godechot, Olivier, Joanne Horton, and Yuval Millo. 2019. Structural Exchange Pays Off: Reciprocity in Boards and Executive Compensations in US Firms (1990–2015). MaxPo Discussion Paper 19/1. Paris: Max Planck Sciences Po Center on Coping with Instability in Market Societies. http://www.maxpo.eu/pub/maxpo_dp/maxpodp19-1.pdf

Godechot, Olivier. 2019. Conclusion: What Finance Manufactures, in: Isabelle Chambost, Marc Lenglet, and Yamina Tadjeddine (eds.), The Making of Finance: Perspectives from the Social Sciences. London: Routledge, 270−282. https://tinyurl.com/godechot-finance

Gorbach, Denys. 2019. Underground Waterlines: Explaining Politica Quiescence of Ukrainian Labor Unions. Focaal - Journal of Global and Historical Anthropolo- gy, published online June 1, 2019. https://tinyurl.com/gorbach-waterlines

Koddenbrock, Kai, and Ndongo Samba Sylla. 2019. Towards a Political Economy of Monetary Dependency: The Case of the CFA Franc in West Africa. MaxPo Dis- cussion Paper 19/2. Paris: Max Planck Sciences Po Center on Coping with Instabili- ty in Market Societies. http://www.maxpo.eu/pub/maxpo_dp/maxpodp19-2.pdf

Krarup, Troels. 2019. The Collateral Liquidity Problem in Contemporary Finance and the Resurrection of Quantity Theory. Competition & Change, published online April 23, 2019. https://journals.sagepub.com/doi/10.1177/1024529419845810 Page 07 | 2019/1 MaxPo Newsletter Recent Publications

Krarup, Troels. 2019. Between Competition and Centralization: The New Infra structures of European Finance. Economy and Society 48 (1), 107−126. https://www.tandfonline.com/doi/full/10.1080/03085147.2019.1578064

Krarup, Troels. 2019. German Political and Economic Ideology in the Twentieth Century and Its Theological Problems: The Lutheran Genealogy of Ordoliber alism. European Journal of Cultural and Political Sociology, published online February 12, 2019. https://www.tandfonline.com/doi/full/10.1080/23254823.2018.1559745

Krarup, Troels. 2019. “Ordo” versus “Ordnung”: Catholic or Lutheran Roots of German Ordoliberal Economic Theory? International Review of Economics, published online April 6, 2019. https://link.springer.com/article/10.1007%2Fs12232-019-00323-y

Taillandier, Apolline. 2019. Lectures et langages du transhumanisme. Raisons politiques 2019/2 (74), 73−81. https://www.cairn.info/revue-raisons-politiques-2019-2-page-73.htm

Taillandier, Apolline, and Théo Bourgeron. 2019. Entretien avec Marion Fourcade: “La classification, c’est de la morale!”. Revue française de socio-économie 2019/1 (22), 205−215. https://tinyurl.com/taillandier-bourgeron

Woll, Cornelia. 2019. Corporate Power Beyond Lobbying. American Affairs III (3), 38−55. https://americanaffairsjournal.org/2019/08/corporate-power-beyond-lobbying/

Woll, Cornelia. 2019. Corporate Tax Justice. G7 Magazine − Global Briefing Re- port, Biarritz, August 24−26, 2019. https://tinyurl.com/woll-corporate-tax

About

MaxPo Newsletter 2019/2 Editor The Max Planck Sciences Po Center on Coping September 2019 Allison Rovny with Instability in Market Societies (MaxPo) is a Franco-German research center which was jointly Layout The MaxPo Newsletter provides informa founded by the Max Planck Society and Sciences Po. Astrid Dünkelmann tion on people and events at the Max Researchers at MaxPo investigate how individuals, Planck Sciences Po Center on Coping with Design organizations, and nation-states are coping with Instability in Market Societies in Paris. It is www.dk-copiloten.de the new forms of economic and social instability published two to three times a year. Website that have developed in Western societies as a re- sult of policy shifts, the expansion of markets, tech- maxpo www.maxpo.eu/news.asp nological advances, and cultural changes. Located Max Planck Sciences Po Center on Coping Subscriptions at Sciences Po Paris and cooperating closely with with Instability in Market Societies If you would like to receive the MaxPo the Max Planck Institute for the Study of Societies Newsletter free of charge by email, 27 rue Saint Guillaume (MPIfG) in Cologne, the Center aims to contribute please write to 75337 Paris cedex 07 France substantially to the social sciences in Europe and [email protected] Tel +33 145 49 59 32 enrich academic and political dialogue between Fax +33 158 71 70 90 France and Germany. Email [email protected] www.maxpo.eu