Comments on McCloskey and Weingast

Economic growth is an aspect of social change which cannot be explained by economic theory alone. McCloskey invokes 'ideas' but ideas only matter as embodied in institutions. Weingast makes this points but his institutions are too economistic. Only institutionalised self-emergence can expl...

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Bibliographic Details
Published inThe Scandinavian economic history review Vol. 65; no. 2; pp. 124 - 126
Main Author Ringmar, Erik
Format Journal Article
LanguageEnglish
Published Stockholm Routledge 01.01.2017
Taylor & Francis Ltd
Subjects
Barry Weingast
Deirdre McCloskey
Douglass North
East-West comparisons
economic development
Economic growth
economic growth theory
Economic history
Economic theory
institutions
Political Science
Samhällsvetenskap
self-emergence
social change
Social Sciences
Statsvetenskap
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Summary:Economic growth is an aspect of social change which cannot be explained by economic theory alone. McCloskey invokes 'ideas' but ideas only matter as embodied in institutions. Weingast makes this points but his institutions are too economistic. Only institutionalised self-emergence can explain massive, relentless and automatic change.
ISSN:0358-5522
1750-2837
1750-2837
DOI:10.1080/03585522.2017.1324520