Bruce Carruthers John D. MacArthur Chair and 
Professor of Sociology
, Director - Buffett Institute for Global Studies

Area(s) of Interest:  Comparative Sociology, Economy and Society, Sociology of Law, Sociology of Organizations

Relevant Links

Comparative Historical Social Science

Buffett Institute for Global Studies

Biography

Professor Carruthers received his PhD at the University of Chicago in 1991. Areas of interest include comparative and historical sociology, economy and society, sociology of law and sociology of organizations. At Northwestern, Carruthers is involved in the graduate Comparative Historical Social Science (CHSS) program, and the Kellogg-Sociology joint-PhD program.

His current research projects include a study of the historical evolution of credit as a problem in the sociology of trust, regulatory arbitrage, what modern derivatives markets reveal about the relationship between law and capitalism, and the regulation of credit for poor people in early 20th Century America. He has had visiting fellowships at the Russell Sage Foundation, the Radcliffe Institute for Advanced Study, the Institute for Advanced Study in Berlin, and received a John Simon Guggenheim Fellowship. He is methodologically agnostic, and does not believe that the qualitative/ quantitative distinction is worth fighting over. Northwestern is Carruthers' first teaching position.

Carruthers has authored or co-authored five books, City of Capital: Politics and Markets in the English Financial Revolution (Princeton, 1996), Rescuing Business: The Making of Corporate Bankruptcy Law in England and the United States (Oxford, 1998), Economy/Society: Markets, Meanings and Social Structure (Pine Forge Press, 2000), Bankrupt: Global Lawmaking and Systemic Financial Crisis (Stanford, 2009), and Money and Credit: A Sociological Approach (Polity Press, 2010).

Courses Taught

SOCIOL 215: Economy and Society Syllabus

SOCIOL 302: Sociology of Complex Organizations Syllabus

SOCIOL 330: Law, Markets, and Globalization Syllabus

SOCIOL 331: Markets, Hierarchies, and Democracies

SOCIOL 335: Sociology of Decision Making Syllabus

SOCIOL 376: Special Topics: Law, Markets, & Global Economy Syllabus

SOCIOL 437: Economic Sociology Syllabus

SOCIOL 439: Comparative & Historical Sociology Syllabus

Books

Money and Credit: A Sociological Approach
Polity Press, 2010

Bankrupt: Global Lawmaking and Systemic Financial Crisis
Stanford, 2009

City of Capital: Politics and Markets in the English Financial Revolution
Princeton, 1996

Economy/Society: Markets, Meanings and Social Structure
Pine Forge Press, 2000

Rescuing Business: The Making of Corporate Bankruptcy Law in England and the United States
Oxford, 1998

Publications

Accounting for Rationality: Double-Entry Bookkeeping and the Rhetoric of Economic Rationality
With Wendy Nelson Espeland; ASA, American Journal of Sociology, 1991

A Sociology of Bubbles
Contexts, 2009

The Color of Money and the Nature of Value: Greenbacks and Gold in Postbellum America
With Sarah Babb; The American Journal of Sociology; The University of Chicago Press, 1996

The Social Structure of Liquidity: Flexibility, Markets, and States
With Arthur L. Stinchcombe; Theory and Society, 1999