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Ideologies and beliefs in Douglass North’s theory

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  • Angela Ambrosino
  • Stefano Fiori

Abstract

This article argues that North does not conceptualise the difference between ideologies as shared beliefs, which arise from shared mental models in consequence of bottom-up processes, and ideologies as views which stimulate top-down institutional processes, by means of which informal norms and existing beliefs are re-oriented. Top-down processes are possible because shared beliefs are characterised by variety and malleability, rather than by a (homogeneous) “cultural heritage”. Although in North’s theory the reciprocal influence between informal and formal norms is interpretable as an alternation of bottom-up and top-down processes, he does not develop this perspective.

Suggested Citation

  • Angela Ambrosino & Stefano Fiori, 2018. "Ideologies and beliefs in Douglass North’s theory," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 25(6), pages 1342-1369, November.
    • Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1342-1369
    DOI: 10.1080/09672567.2018.1523209
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