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The Relational Economy

Category: Economic institutions

Thoughts inspired by Rutger Bregman

Posted on 2020-05-012020-05-06

Rutger Bregman is a Dutch historian, who recently published some interesting and rather inspirational books in the Dutch language. Several of these have been translated now. The two main books I am referring to are: Bregman (2017), Utopia for Realists: and how we can get there, Bloomsbury, translated by Elizabeth Manton, originally published as Gratis…

Two volume book on the social division of labour is now published

Posted on 2019-05-122019-12-30

Both volumes are now published with Palgrave-Macmillan.

How institutions undermine the economy

Posted on 2016-08-15

An interesting article was published today on The Conversation web site about the role of corporate law in the demise of BHS, a British retail corporation that was deliberated bankrupted by its main shareholder and director, Philip Green. All in all, it is a horrendous case of how corporate law facilitates the undermining of economic wealth generation…

Understanding the role of institutions in the economy: A mathematical approach

Posted on 2015-05-032015-09-30

Over the past couple of decades it has become more and more recognised in economics that socio-economic institutions are essential for the functioning of the economy. This research has emanated from the seminal work of Douglas North in his study of various economic systems throughout economic history and of Ronald Coase in the understanding of…

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