Disputed term/author/ism | Author![]() |
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Institutions | North | 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. |
Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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