The Journal of Institutional Economics is devoted to the study of the nature, role and evolution of institutions. Visit the blog: joie-blog.net/

Joined February 2019
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Fresh Post! Guild, chartered company, shareholder firm: @ugopagano elegantly traces an inversion. Capitalism was built on pluralism and open knowledge. Intellectual monopoly capitalism is cannibalising the foundations that made it generative. joie-blog.net/the-corporatio… @winir2013

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Fresh Post! Is the governance issue between individuals or between individuals and the firm? @ArminWSchulz offers three tests to tell the difference, and explains why getting this wrong means applying the wrong fix. joie-blog.net/institutional-… @winir2013 @DGindis @g_m_hodgson

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Fresh Post! What makes Italian tomato supply chains work? Not just contracts or regulations—but the missing middle layer. Interbranch Organisatuions translate macro-rules into micro-contracts, reducing transaction costs. #mesoinstitutions, joie-blog.net/meso-instituti… @winir2013

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Fresh Post! Why do Filipino farmers cooperate better on climate adaptation? It's not information—it's institutional design. Participatory meso-institutions beat state hierarchies for collective action joie-blog.net/deliberative-p… @winir2013 #mesoinstitutions

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21 Oct 2025
Fresh Post! Since 1979, the rial lost 3000x its value. Behind Iran's collapse: Shiite political capitalism and Anfal— Iran operates dual treasuries that turn every crisis into elite opportunity. joie-blog.net/recurrent-exch… @winir2013 @DGindis @g_m_hodgson

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@JoIEBlog retweeted
Great choice
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This is a great paper on the evolutionary paradigm!
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Congratulations to Joel Mokyr on winning the Nobel Prize in economics! Joel has published several items in the Journal of Institutional Economics. cambridge.org/core/journals/… @winir2013 @JoIEBlog1 @CambridgeUP
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4 Oct 2025
Fresh Post! Short-termism isn't human nature—it's institutionally enacted. Elections, stock markets, gig contracts: each creates a different temporal world. Blaž Remic's framework shows how institutions afford distinct ways of inhabiting the future. joie-blog.net/enacting-the-f…

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7 Aug 2025
AI's copyright crisis may require institutional redesign. Makridis & Ammons bring Elinor Ostrom's polycentric governance theory to AI training data—showing how multiple overlapping institutions could work better than centralized enforcement. joie-blog.net/reimagining-ip… @winir2013
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22 May 2025
How can we understand tech giants, institutional change, and global challenges through an institutional lens? Kazuhiro Taniguchi explores Masahiko Aoki's Comparative Institutional Analysis and its contemporary relevance. #Economics #Institutions cambridge.org/core/journals/… @winir2013
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14 May 2025
Fresh post! Part II of @g_m_hodgson 's treatise on transactions and legal institutionalism details how the notion of 'contracting costs' relating to the costs of forming a contract may supersede the vague and ambiguous nature of transaction costs. joie-blog.net/transactions-a…

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23 Apr 2025
Fresh post! @g_m_hodgson compares the #transactions of Allen, Barzel, Coase, Commons, North and Williamson, as well as their differing views on the the role of the law and the state as enforcer. This is the summary of Part I. Watch this space for Part II @winir2013
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13 Apr 2025
Fresh post! Why does federalism fail to address ethnic conflict in the African context? joie-blog.net/toward-polycen… @winir2013 @g_m_hodgson @emsent

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19 Feb 2025
Call for Papers: #WINIR2025 Conference on "Institutions, Entrepreneurship & Shared Prosperity", Prague, 10-12 Sept 2025 winir.org/winir-2025/ With Faculty of Business Administration, VŠE. Spread the word @MarekHudik @DGindis @_FGagliardi @paolosilvest @JoIEBlog1 @Nonicoc
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