The article explores the conceptual dynamics set into motion by the encounter between the policy prescriptions inspired by the mainstream economics and the very concrete reform experience after 1989. The raise of the new institutionalism is discussed as one of the most significant reactions and...

Does capitalism emerging in Eastern Europe need as solid ethnic or spiritual foundations as some other "Great Transformations" in the past? Apparently, one can become an actor of the new capitalist game without belonging to the German, Jewish, or, to take a timely example, Chinese minority. Nor...