Das Paper liefert einen knappen Überblick über die Wirkungsgeschichte von Friedrich August (von) Hayek. Sie liegt in vier Bereichen: (1) seinem prägenden Einfluss auf Milton Friedman und auf die Chicagoer Schule, (2) der Errichtung internationaler Netzwerke, die das Ziel verfolgten, die...

Die Geschichte des Kapitalismus ist mit der Geschichte des (naiv realistischen) Alltagsverständnisses einer "objektiven" Außen-Welt eng verwoben. Damit eine Geldorientierung und der Kapitalismus kulturdurchdringend werden konnten, musste sich die Vorstellung einer objektiven und messbaren...

The article compares market fundamentalism and right-wing populism on the basis of its core patterns of thinking and reasoning. Based on an analysis of important texts in both fields we find many similarities of these two concepts in their "inner images". Thus, we develop a scheme of the similar...

Die moderne Volkswirtschaftslehre wirkt auf andere Wissenschaften, auf die Gesellschaft und die Politik ein. Im Kontext dazu wird in dem Paper das disziplinäre Selbstverständnis von Ökonominnen und Ökonomen herausgearbeitet, wie es den wichtigsten Lehrbüchern des Faches inhärent ist....

This vision brief may be summarized by the following points. First, the crisis of the liberal world order arises from a misalignment of our social, economic and political domains of activity, along with a resulting destabilization of our physical environment. The integration of the global...

What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during the 1990s. Existing research on wage arrears most...

It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...

We examine the research productivity of German academic economists over their life cycles. It turns out that the career-patterns of research productivity as measured by journal publications are characterized by marked cohort effects. Moreover, the life-cycles of younger German economists are...

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population?s wealth, the corresponding aggregate measure of...

Homophily, the tendency of linked agents to have similar characteristics, is an important feature of social networks. We present a new model of network formation that allows the linking process to depend on individuals types and study the impact of such a bias on the network structure. Our main...