This paper addresses the problem of the conceptualization of social structure and its relationship to human agency in economic sociology. The background is provided by John Maynard Keynes's observations on the effects of uncertainty and conventional behavior on the stock market; the analysis...

We address the challenge of attempting to advance a strong and consistently subjectivist view of economic agency without simultaneously undermining the possibility of providing a coherent account of social institutions and socio-economic order. The argument is presented as a case study and...