Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5034699 | Journal of Economic Behavior & Organization | 2016 | 54 Pages |
Abstract
How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important institutional theories. We argue that the lawyers held a conceptualization of institutional development that foreshadowed many elements of Darwinism, more than two centuries before Darwin's great contributions. To this end, we first identify a set of features characteristic of Darwinian evolutionary social-science theories. We then match the lawyers' own words to these features, revealing the many congruities between a Darwinian approach and the lawyers' evolutionary model of institutional construction and change. Finally, we analyze the normative conclusions on institutional development that the lawyers drew from their evolutionary analysis.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Peter Grajzl, Peter Murrell,