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Institutional, Evolutionary And Cultural Aspects In Max Weber'S Social Economics

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  • Heino Heinrich NAU

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Abstract

One of the keys to Max Weber's social economics is the evolution of institutional arrangements. In the first part, I show that Weber can be interpreted as an institutional economist. In the second part, I reconstruct the most important features of Max Weber's institutionalism, namely the interrelations between ideas, interests, institutions and social orders. In the third part, I demonstrate how Weber applied this institutionalist approach by looking at his economic explanation of the hampered economic development of China. Following Weber's concept, I finally make a few proposals as to how modern economic research could be enriched

Suggested Citation

  • Heino Heinrich NAU, 2005. "Institutional, Evolutionary And Cultural Aspects In Max Weber'S Social Economics," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 49, pages 127-142.
  • Handle: RePEc:cpo:journl:y:2005:i:49:p:127-142
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    JEL classification:

    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East

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