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Fresh Post! Cartels are about more than collusion and profits. They're complex, polycentric organizations with sophisticated governance that helps them Understanding their inner workings is crucial for effective regulation. joie-blog.net/polycentric-go…

The Journal Blog is now also on Blue sky! bsky.app/profile/joie-b…

Stagnating productivity, anxiety, & polarisation? Shaun Hargreaves Heap and Paul Lewis write on why Walter Lippmann may be as relevant today as in the 1930's - Read more joie-blog.net/walter-lippman… KCL Department of Political Economy WINIR Geoffrey M Hodgson #FBPA 🔶

Don't miss the latest research from @JoIEBlog! Sign up for content alerts for the journal at: cup.org/4ghtynG

A new publication from WINIR Founder Geoffrey Hodgson

Fresh post! Geoffrey M Hodgson #FBPA 🔶 on the importance of the definition of formal and informal institutions - clarifying and enlightening! joie-blog.net/formal-and-inf… WINIR

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 Marek Hudík David Gindis Francesca Gagliardi Paolo Silvestri @JoIEBlog Niclas Berggren

Fresh post! Why does federalism fail to address ethnic conflict in the African context? joie-blog.net/toward-polycen… WINIR Geoffrey M Hodgson #FBPA 🔶 Esther-Mirjam Sent

Fresh post! A new typology for for categorising and theorising inclusive innovation joie-blog.net/inclusive-nati… WINIR Esther-Mirjam Sent Geoffrey M Hodgson #FBPA 🔶 #inclusion #innovation

Part 1 of my 2-part article on "Transactions and Legal Institutionalism" has just been published. Open access. Cambridge University Press WINIR @JoIEBlog cambridge.org/core/journals/…

Fresh post! Geoffrey M Hodgson #FBPA 🔶 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 WINIR

Fresh post! Part II of Geoffrey M Hodgson #FBPA 🔶 '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…

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/… WINIR

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… WINIR

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…

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/… WINIR @JoIEBlog Cambridge University Press

Congratulations to Joel Mokyr on winning the Nobel Prize in economics! Here is a piece that we co-authored, with several others: link.springer.com/article/10.100… WINIR @JoIEBlog

Geoffrey M Hodgson #FBPA 🔶 WINIR @JoIEBlog Cambridge University Press Great choice

Geoffrey M Hodgson #FBPA 🔶 WINIR @JoIEBlog This is a great paper on the evolutionary paradigm!

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… WINIR David Gindis Geoffrey M Hodgson #FBPA 🔶