Ideologies and beliefs in Douglass North’s theory

Angela Ambrosino and Stefano Fiori

The European Journal of the History of Economic Thought, 2018, vol. 25, issue 6, 1342-1369

Abstract: This article argues that North does not conceptualise the difference between ideologies as shared beliefs, which arise from shared mental models in consequence of bottom-up processes, and ideologies as views which stimulate top-down institutional processes, by means of which informal norms and existing beliefs are re-oriented. Top-down processes are possible because shared beliefs are characterised by variety and malleability, rather than by a (homogeneous) “cultural heritage”. Although in North’s theory the reciprocal influence between informal and formal norms is interpretable as an alternation of bottom-up and top-down processes, he does not develop this perspective.

Date: 2018
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DOI: 10.1080/09672567.2018.1523209

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