An Engine, Not a Camera

This book explores how modern economic theories of finance shaped financial markets in profound ways. Donald MacKenzie argues that these Nobel Prize-winning mathematical models weren't just external analyses, but intrinsic parts of economic processes. He examines the impact of finance theory on the two biggest financial crises of recent years, as well as fringe theories like chaos theory. An Engine, Not a Camera is an insightful read for anyone interested in understanding the evolution of America's financial markets.