@article {MacKenzie:October 2005:0969-2290:555, author = "MacKenzie, Donald", title = "Opening the black boxes of global finance", journal = "Review of International Political Economy", volume = "12", year = "October 2005", abstract = "This paper advocates the application to global finance of one of the central heuristics of science studies: open the black box. Black boxes are devices, practices, or organizations that are opaque to outsiders, often because their contents are regarded as `technical'. The goal of opening black boxes is to discover how they are kept opaque; how they structure their `contexts'; and how those contexts are inscribed within them. Four types of black box in finance are discussed: option pricing theory; arbitrage; `ethnoaccountancy'; and regulation. The limitations of the opening of black boxes as an oppositional strategy are also discussed.", pages = "555-576(22)", url = "http://www.ingentaconnect.com/content/routledg/rrip/2005/00000012/00000004/art00001" doi = "doi:10.1080/09692290500240222" }