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The Invention of a National Economy
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01 December 2026

The social world is full of collective entities. But how do collective entities emerge, and what are they made of? What supports their public existence? This book offers a theoretical and empirical response to these questions, through the case study of one of these entities: the national economy in France. The national economy exists as an entity, with its own agency and sometimes even its own personality, in France as in almost every country. Journalists, politicians, trade unionists, business leaders, economists, and the general public closely follow the developments of the national economy and debate its potential for growth or decline.
This book offers a biography of the French economy, exploring the successive events that, over the course of the twentieth century, helped establish it as an autonomous domain. Drawing on interviews, as well as institutional archives, Thomas Angeletti determines how economists and their devices invented the French economy and how, once present on the public scene, this entity developed a life of its own.
"Thomas Angeletti's book traces the emergence of the French economy as a collective entity, charting its growing consistency and agency over several decades. Essential reading for economic sociologists and historians of economics, its significance extends far beyond these fields. This compelling contribution to sociological theory illuminates how collective, supra-individual entities—those 'meta-beings' studied by the social sciences—come into being."—Eve Chiapello, Research Director at the School for Advanced Studies in the Social Sciences