Keith Hart's Blog – January 2013 Archive (2)

The Human Economy approach endorsed by Nobel laureate economist aged 102

Ronald Coase, an American economist of British origin, won a Nobel prize for inventing the idea of transaction costs in his famous paper "The nature of the firm" (1937). He is now 102 years old and has just announced his desire, with a young Chinese associate, to found a new journal called "Man and the economy" (well he was born in 1910).

A century ago, Alfred Marshall, author of Principles of Economics (1890) and Keynes' teacher at Cambridge defined economics as “both a study of…


Added by Keith Hart on January 18, 2013 at 1:14pm — 11 Comments

The limits of Karl Polanyi's anti-market approach in the struggle for economic democracy

I am a fully paid-up member of the Karl Polanyi fan club. In the past few years I have published, with my collaborators, a collection of essays on the significance of The Great Transformation for understanding our times (Blanc 2011, Holmes 2012) and have made him a canonical figure for my versions of economic anthropology, the human economy and the history of money. I have also published two short biographical articles on him. I have contributed in this way to the recent outpouring of…


Added by Keith Hart on January 16, 2013 at 6:37pm — No Comments


OAC Press



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