Professor Jocelyn Pixley

Senior Research Fellow

Contact Info

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Email : Jocelyn.Pixley(at)


Jocelyn Pixley is an Honorary Professor at Macquarie University, Sydney and a Professorial Research Fellow with the Global Policy Institute, London. Her book Central Banks, Democratic States and Financial Power is forthcoming with Cambridge University Press, and her co-edited Volume Critical Junctures in Mobile Capital (2018) is with the same publisher. She has a revised edition of her 2004 Emotions in Finance (Cambridge University Press, 2012) in light of the Gobal Financial Crisis, and an edited volume (Routledge 2012) on the same theme. With Geoff Harcourt, she edited a volume, Financial crises and the nature of capitalist money (Palgrave 2013) in a festschrift for Geoff Ingham. An economic sociologist, she studies heterodox economics, public policy with specific interests in central banks, full employment and money’s value in respect to social integration. After many years teaching at UNSW, Sydney, she is devoted to research alone (journal articles and so on, along with collaboration with Sam Whimster on a number of research projects, also with Shaun Wilson). Her fieldwork over the past 20 years has been in major financial and central bank cities, with extensive interviews of top officials in central banking, bank regulation/supervision and private banks, and visits to stock exchanges, journalists and financial history museums: e.g. Wall St. and wider Manhattan, Washington DC, Chicago, Tokyo, Sydney, Canberra, Berlin, Frankfurt, Cologne, Zurich, Paris, Brussels, London, Rome and Athens.



  • Central Banks, Democratic States and Financial Power (forthcoming) Cambridge University Press
  • Critical Junctures in Mobile Capital 2018 (eds.) J. F. Pixley with Helena Flam. Cambridge University Press
  • Financial crises and the nature of capitalist money: Mutual developments from the challenge of Geoffrey Ingham. (eds.) J. F. Pixley and G. C. Harcourt, Palgrave Macmillan, 2013
  • New Perspectives on Emotions in Finance: The Sociology of Confidence, Fear and Betrayal (ed.) J. F. Pixley; London, Routledge, 2012.
  • Emotions in Finance: Booms, Busts and Uncertainty, Second Edition, Cambridge University Press, 2012.
  • Emotions in Finance: Distrust and Uncertainty in Global Markets, Cambridge University Press, 2004.
  • The Double Life of the Family: Myth, Hope & Experience Sydney: Allen & Unwin, 1997. With Michael Bittman
  • Citizenship and Employment: Investigating Post-Industrial Options, Cambridge University Press, 1993.

Journal Articles


  • ‘Uncertainty: The Curate’s egg in financial economics’, British Journal of Sociology. 65 (1): 200-224. Sole authored


  • ‘Central bank independence: A social economic and democratic critique’ by J. F. Pixley, S. Whimster & S. Wilson. The Economic and Labour Relations Review Vol. 24 (1): 32 – 50


  • ‘The use of risk in understanding financial decisions’ The Journal of Socio-Economics 39 (2), 2010: 209 – 222
  • ‘Behavioural finance issues and the bank client’ JASSA – The FINSIA Journal of Applied Finance (Financial Services Institute of Australasia), Issue 1, 2010: 43-47.
  • Editor Special Issue Maria Markus Festschrift. The Decent Society Thesis Eleven No. 101, May 2010; with Craig Browne.
  • ‘Decency in Anglo-American financial centres?’ Thesis Eleven No. 101, May 2010: 63-71.
  • ‘Introduction to Maria Markus Festschrift Thesis Eleven No. 101, May 2010: 3-5; with Craig Browne.


  • ‘The current crisis of “capitalism”: What sort of crisis?’ The Economic and Labour Relations Review Vol 19 (2) July 2009: 59 – 68.
  • ‘A New Financial Infrastructure to Recover the Loss of Trust?’ Asian-Pacific Economic Literature 29 (1) 2009: 106-116.
  • ‘Time Orientations and Emotion-Rules in Finance’, Theory & Society Vol 38 (4), 2009: 383 – 400.

2007 – 1990

  • ‘Central bank leadership’ in Perry Mehrling, Laurence S. Moss, Jocelyn Pixley & George S. Tavlas, ‘What if the Leader of the Central Bank Told Hilarious Jokes and Did Card Tricks? A Panel of Experts’ American Journal of Economics and Sociology vol. 65, no. 5, pp. 876 – 887, 2007.
  • ‘Equality and gender-divided, versus multiple subjectivities’ British Journal of Sociology, vol. 55, no. 3, pp. 433 – 8, 2004. With M. Bittman.
  • ‘Emotions and economics’, Sociological Review Monograph: Emotions and Sociology, Oxford: Blackwell, 2002.
  • ‘Finance organizations, decisions and emotions’, British Journal of Sociology, vol. 53, no. 1, pp 41 – 65, 2002.
  • ‘Impersonal trust in global mediating organizations’, Sociological Perspectives, vol. 42, no. 4, pp. 647 – 671, 1999.
  • ‘Beyond twin deficits: emotions of the future in the organizations of money’, American Journal of Economics and Sociology, vol. 58, no. 4, pp. 1091 – 1118, 1999.
  • ‘Unemployment and democracy: at an impasse?’, Labour and Industry, vol. 6, no. 1, pp 35-48, 1994.
  • ‘Wowser and pro-woman politics: temperance against Australian patriarchy’, Australian and New Zealand Journal of Sociology, Vol 27, No 3, pp 293-314, 1991.
  • ‘The return of the U-word: unpacking the employment debate’, The Australian Quarterly, vol. 62, no. 4, pp. 371-381, 1990.

Book Chapters and Policy Contributions

‘Emotions of uncertainty, competition and cooperation in the international financial sector’, in On Emotions and Passions in International Politics (eds) Yohan Ariffin, Vesselin Popovski and Jean-Marc Coicaud, Cambridge University Press pp 112-136: 2016

‘“Studying Up” Methods for Research on Animal Spirits in the Financial Sector’, in Methods of exploring emotions: (eds.) Helena Flam and Jochen Kleres; Routledge pp 46-56, 2015

‘Economy and Emotions’ in Handbook of the Sociology of Emotions Vol II (eds) Jan Stets & Jonathan Turner, New York, Springer. By J. Pixley, Peter McCarthy & Shaun Wilson, Chapter 15 pp 307-334: 2014

‘Emotions and economy’, Revised Entry, Blackwell Encyclopaedia of Sociology, George Ritzer (ed.) 2007, Oxford: Blackwell Publishing, vol III. Blackwell Reference Online. 12 June 2014

‘Moody’s, Emotions, and Uncertainty in Finance’ in Globalization in Practice (eds.) Nigel Thrift, Adam Tickell, Steve Woolgar & William Rupp, Oxford University Press, pp.141-6: 2014

‘Introduction to Positive Trespassing’ with G. C. Harcourt, in Financial crises and the nature of capitalist money. Ibid. Palgrave, 2013, pp. 1 – 18

‘Geoffrey Ingham’s theory, money’s conflicts and social change’ chapter in Financial crises and the nature of capitalist money. Ibid. Palgrave, 2013, pp. 273 – 299.

‘Introduction’ to New Perspectives on Emotions in Finance: The Sociology of Confidence, Fear and Betrayal Volume, (ed.) J. F. Pixley; London, Routledge. 2012

‘The emotions of money: Assessing betrayal and reform’ in New Perspectives on Emotions in Finance. Ibid. 2012

‘Sociology of Uncertainty’ in Sociology and the Unintended. Robert Merton Revisited (eds.) Adriana Mica, Arkadiusz Peisert and Jan Winczorek, Frankfurt am Main: Peter Lang Publishers pp 89-111: 2011

‘Tensions between economic policies, technology and bankers’ professional perceptions’ 2010 in (ed.) Alexandros-Andreas Kyrtsis Financial Markets and Organizational Technologies, Palgrave Macmillan, pp 64-91, 2010.

‘Can banking be the gateway to social development?’ in Reforming the City: Responses to the Global Financial Crisis, (ed.) Sam Whimster, London: Forumpress, 2009.

‘Greed or Competitive Firms?’ in Greed, (eds.) A. Brassey & S. Barber, Houndmills: Palgrave Macmillan, pp 42-63, 2009.

‘How do Australians feel about financial investment?’ in Australian Social Attitudes 2: Citizenship, Work and Aspirations, D. Denemark et al (eds.), Sydney: University of New South Wales Press, pp 286-304, 2007.

‘Emotions and economy’, in The Blackwell Encyclopaedia of Sociology, George Ritzer (ed.), Oxford: Blackwell Publishing, vol. III: 1384-9, 2007.

‘How do Australians feel about their work?’ in Australian Social Attitudes. The First Report, D. Denemark, et al (eds.), Sydney: University of New South Wales Press, 2005. By Bill Martin and J. F. Pixley.

‘Expectation, emotions and money: finance organizations and futures’, in Management and Organization Paradoxes, Stewart Clegg (ed.) Amsterdam: John Benjamins, 2002.

‘Welfare, poverty and social inequality: the economic fundamentals of social policy’, in The Politics of Australian Society: Political Issues for the New Century, P. Boreham, G. Stokes & R. Hall (eds.), Melbourne:  Longman/Pearson Education, 286-301, 2000.

‘Economic citizenship’, in Rethinking Australian Citizenship, W. Hudson & J. Kane (eds.), Cambridge University Press, pp 121-135, 2000.

‘Family welfare at the crossroads’, in Issues Facing Australian Families, (eds.) W. Weeks & M. Quinn, Melbourne:  Addison Wesley Longman, 2000. With M. Bittman.

‘Social Movements, democracy and conflicts over institutional reform’ in Contesting the Australian Way: States, Markets and Civil Society, Bettina Cass & Paul Smyth (eds.), Cambridge University Press, 138-156, 1998.

‘Temperance’, entry in Oxford Companion to Australian Feminism, Melbourne: Oxford University Press, 1998.

‘Employment and social identity: theoretical issues’ in European Citizenship and Social Exclusion, (eds.) M. Roche & R. van Berkel, Aldershot: Ashgate, pp 119-134, 1997.

‘Economic democracy beyond wage earners welfare’ in The Australian Welfare State, J. Wilson et al (eds.), Melbourne:  Macmillan Education, pp 38-62, 1996.

‘Citizen, client or worker? State, class and power’ in Society, State and Politics in Australia, (ed.) M. Muetzelfeldt, Sydney: Pluto Press, 1992.