Dictionary of Arguments

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Mause I 106ff
Institutions/North, Douglas: NorthVsVarieties of Capitalism: the "Varieties of Capitalism" approach neglects the question of the dynamics of institutions. (1)(2)
North: "Theory of institutional change": Thesis: Economically inefficient institutions are relatively long-lived. This can be explained by two theoretical arguments:
1. The theory of public choice (see Public Choice/North).
2. By path dependencies, i.e. the dependency of the further development on earlier historical decisions.
VsNorth: neither he nor his successors have succeeded in combining his two theoretical explanatory approaches to a closed explanation.

1. D. North, Structure and change in economic history. New York 1981
2. D. North, Institutions, institutional change and economic performance. Cambridge 1990.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
North, Douglas C.
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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