This book takes as its starting point the question of whether contemporary state capitalism simply uses different tools than earlier or other variants of capitalism, or whether it is an altogether new kind of economic regime. It brings together key research and commentary which will help to...

This comment is part of a symposium on Ekkehart Schlicht, "On Custom in the Economy" (1998) Copyright 2002 The American Journal of Economics and Sociology.

The market design (MD) approach to institutional analysis provides the analytical tools to evaluate endogenous institution building in local market places irrespective of the institutional setting of the national economy. Implicit in this analysis of endogenous institution building at the market...

Ideas and beliefs can make a contribution to economic development. The case of Humanism and the Low Countries' sudden rise to prosperity prove the point. Humanism became of substantial economic value when it turned out that its norms and customs allowed the Dutch long-distance trader to find...

This illuminating book broadly addresses the emerging field of ‘diversity of capitalism’ from a comparative institutional approach. It explores the varied patterns for achieving coordination in different economic systems, applying them specifically to China, Japan and South Korea....