I argue that economists have reasons internal to the way that evidence works in the sciences to re-discover the importance of the history of their own discipline. For it is a constitutive element of science - here conceived as an ongoing research practice (as opposed to as an explanatory...

The modern approach to the market as a place with autonomy depends on a certain view of money. According to that view, money is a neutral technology that expresses individual choices made about real goods and services. But the controversies over money that regularly arise in political...

Non-market practices and institutions make up much of every economy. Even in today’s most developed capitalist societies, people produce things that are not for sale and allocate them through sharing, gifts, and redistribution rather than buying and selling. This article is about why and how...

We introduce the new typology of institutions. The classification is made via the methods for preparing of new generation to activity in a frame of the institution. We detect that only three types of institutions exist. First is the personality-nominal type of institutional coding individual:...

English Abstract: In the last four decades there is a renewed interest within the economic theory for the institutional structures. Numerous, multiple and often unpredictable effects of institutions on economic process are differently reflected among the leading schools of economic analysis....

Douglass North gehört zu den führenden Sozialwissenschaftlern des 20. Jahrhunderts. Er wurde für seine bahnbrechenden Leistungen auf dem Gebiet der ökonomischen Geschichtstheorie mit dem Nobelpreis ausgezeichnet. Dieser Aufsatz rekonstruiert (a) seine kliometrische Diagnose der Moderne, (b)...

In law as well as economics, the most well-known aspect of Coase's “The Problem of Social Cost,” is the Coase Theorem. Over the decades, that particular notion has morphed into a crucial component of Chicago law and economics — namely, transaction cost analysis. In this Article, I...

In this Introduction, we discuss the main themes of post-Keynesian economics, and the manner in which they are dealt with by the contributors to the Handbook. In particular, the important aspects of post-Keynesian analysis are identified, and their main critiques of mainstream theory are...

This paper suggests ways in which a marriage between neoclassical and institutional economics can improve our analytical understanding of economic problems as well as empirical testing and estimation relating to economic issues. Theoretical modeling which considers optimizing agents, constrained...