Many different varieties of capitalism have developed in the twentieth century. Despite the rhetoric of globalization, they are continuing to diverge because of significant differences in dominant institutions. Divergent Capitalisms highlights the major differences between business systems in...

In The Intellectuals and Socialism, a text written in 1949, Friedrich von Hayek argued for the tight collaboration between a small group of liberal Utopians and a broader network of what he called “secondhand dealers in ideas”. In the long laundry list he then proceeded to give, he did not...

A central tenet of economic sociology is that culture and regulatory institutions help to constitute the nature of economic actors and guide their actions, thus affecting economic outcomes (see, e.g., DiMaggio, 1994; Smelser and Swedberg, 1994). As socially organised agents operating in different...