The Reproving of Karl Polanyi

Co-Author: 
Deirdre McCloskey
Year Published: 
1999
Publication: 
Critical Review
Volume: 
3-4
Pages: 
285-314

Karl Polanyi's The Great Transformation has had enormous influence since its publication in 1944. In form, this influence has been salutary: Polanyi targets one of the main weaknesses of modern economics. But in substance, Polanyi's influence has been baneful. Mirroring the methodological blindness he criticizes, Polanyi insists on the all‐or‐nothing existence/ nonexistence of laissez faire—and on its all‐or‐nothing goodness/badness.
 
Full text: The Reproving of Karl Polanyi

My Original Work: 
No
Author (not in Network): 
Santhi Hejeebu
Type of Learning Material: 
Research Paper
Type of Scholarly Article: 
Research Paper
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