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Polanyi und North: Über eine Quelle moderner Institutionenökonomie aus der Auseinandersetzung über antike Reziprozität, Exchange und Institutionen

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  • Priddat Birger P.

    (Parkweg 25, D-58453WittenGermany)

Abstract

Douglass C. North developed his institutional economics in critical contrast to Polanyi’s reciprocity/exchange scheme. More precise analysis, however, allows North’s institutions to decode reciprocity, so that North’s theory appears not as a counterpoint to Polanyi, but as a further development – albeit with partially opposite consequences. This contrast is illustrated through the reconstruction of the ancient economy.

Suggested Citation

  • Priddat Birger P., 2020. "Polanyi und North: Über eine Quelle moderner Institutionenökonomie aus der Auseinandersetzung über antike Reziprozität, Exchange und Institutionen," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 61(1), pages 259-277, June.
    • Handle: RePEc:bpj:jbwige:v:61:y:2020:i:1:p:259-277:n:11
    DOI: 10.1515/jbwg-2020-0011
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    Keywords

    reciprocity; ancient economy; institutions; North; Polanyi; Reziprozität; antike Ökonomie; Institutionen;
    All these keywords.

    JEL classification:

    • B - Schools of Economic Thought and Methodology
    • B - Schools of Economic Thought and Methodology
    • B - Schools of Economic Thought and Methodology

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