Overview
- Uses North’s work as a case study for problems that affect the New Institutional Economics school more generally
- Addresses problems for the applicability of economic theory, specifically New Institutionalist theory, to the historical and social sciences
- Compares the approaches of North and Polanyi to New Institutionalism
Part of the book series: Palgrave Studies in the History of Economic Thought (PHET)
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About this book
This book offers a comprehensive assessment of Douglass North’s contribution to economics and the social sciences by examining the origins and structure of his New Institutionalist Economic History (NIEH). Informed by contemporary debates in the philosophy of economics, Krul describes the evolution of North’s theory from mainstream economics to an increasingly heterodox form of New Institutionalism. He also examines what North's original aims were in developing the NIEH research programme and how well it has achieved these aims. By exploring major themes in North's NIEH, with an emphasis on the final stage of his theory, Krul sheds new light on the strengths and weaknesses of North's work. He also discusses the implications of this critical interpretation for the New Institutionalism in economics and other fields of social science.
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Keywords
- New Institutionalist Economic History
- Economic philosophy
- New Institutionalist Economics
- Douglass C. North
- Karl Polanyi
- Heterodox economics
- Institutional economics
- Path dependence
- Cliometrics
- Smithian result
- New Institutionalism
- Philosophy of Economics
- Neoinstitutionalism
- New Institutionalist theory
Table of contents (8 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
About the author
Matthijs Krul was until recently Research Fellow at the Max Planck Institute for Social Anthropology in Halle (Saale), Germany. He has been a visiting lecturer at Brunel University and the University of Westminster, UK. His work focuses on the intersection between the historiography and the philosophy of economics.
Bibliographic Information
Book Title: The New Institutionalist Economic History of Douglass C. North
Book Subtitle: A Critical Interpretation
Authors: Matthijs Krul
Series Title: Palgrave Studies in the History of Economic Thought
DOI: https://doi.org/10.1007/978-3-319-94084-7
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018
Hardcover ISBN: 978-3-319-94083-0Published: 14 September 2018
Softcover ISBN: 978-3-030-06792-2Published: 29 December 2018
eBook ISBN: 978-3-319-94084-7Published: 28 August 2018
Series ISSN: 2662-6578
Series E-ISSN: 2662-6586
Edition Number: 1
Number of Pages: XVI, 260
Topics: History of Economic Thought/Methodology, Institutional/Evolutionary Economics, Economic History, Cultural Economics