This outstanding book demonstrates the theoretical and empirical importance of economic anthropology for the twenty-first century. Ensminger and her colleagues combine the solid empirical work that anthropology is known for with innovative theoretical trends in economics. The work on institutions and social capital and on experimental economics is most notable to me. The book foreshadows a scientific contribution in these areas that will be very significant in the next decade. It is a pleasure to read the more empirical contributions, by established as well as junior scholars, which demonstate that economic anthropology remains solidly rooted in the tradition of careful, theoretically informed ethnography. This remarkable book should be read by a wide range of scholars and students interested in knowing how economic anthropology can advance social science in the twenty-first century.

Stuart Plattner, National Science Foundation

This book will introduce researchers in other fields to important ideas, debates, and results in economic anthropology. It will also guide further research by those already working in this field. The chapters include some fine case studies using new data to highlight significant theoretical questions, some acute warnings against pretentious and faddish theories, and some assessments of concepts and theories in various domains. The best chapters illustrate the productive interactions of new theoretical perspectives with new approaches to data collection and analysis. These chapters display the highest potential for research in the social sciences: using new approaches to formulate hypothesis-testing questions, which in turn help evaluate and modify theories. The contribution of economic anthropology to multi-disciplinary research, both 'pure' and applied, is likewise demonstrated in these chapters. The editors' introduction provides a masterful guide to the diverse themes cross-cutting through the subsequent chapters.

Donald W. Attwood, McGill University

Economic anthropologists have been credited for deciphering incomprehensible behavior. Contributors to this book review critically and constructively some of these efforts and the theoretical approaches that have been used. But there is much more to this book than a glance to past accomplishments. Jean Ensminger challenges us to incorporate ideas from new institutional economics. James Acheson, in a lucid and measured presentation, summarizes the pivotal role of transactional costs. Some of these ideas as well as older propositions will open new ways of looking at evolving patterns of production and trade in a globalized world.

Sutti Ortiz