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2014 | 54 nr 3 Paradygmat finansowy w obliczu współczesnej ekonomii | 49--74
Tytuł artykułu

Neoinstytucjonalne aspekty interpretacji światowego kryzysu finansowego

Warianty tytułu
A Neo-institutional Interpretation of the Global Financial Crisis
Języki publikacji
Artykuł przedstawia neoinstytucjonalne (czyli uwspółcześnioną wersję instytucjonalnego) podejście do spraw kryzysu finansowego, który jest w centrum uwagi świata od 2007 r. Pierwsza część artykułu zawiera krótką historię instytucjonalnej interpretacji funkcjonowania gospodarki, ze zwróceniem uwagi na to, jak to podejście różni się od rozumienia proponowanego przez ekonomię neoklasyczną. Druga część przedstawia neoinstytucjonalne wyjaśnienie globalnego kryzysu finansowego. Trzecia zaś identyfikuje niektóre kroki w dziedzinie polityki ekonomicznej, które są wymagane do uzyskania oczekiwanej, stabilniejszej i doskonalszej polityki współczesnego państwa dobrobytu. Omawiany wariant ekonomii neoinstytucjonalnej może być nazwany postkeynesowskim instytucjonalizmem. Ten aspekt myśli instytucjonalnej, który pojawił się w USA w 1980 r., wyrasta z teorii Thorsteina B. Veblena, Wesleya C. Mitchella i Johna R. Commonsa, a także korzysta z poglądów Johna M. Keynesa, a nawet Josepha A. Schumpetera. Publikacje Hymana P. Minsky'ego miały charakter modelowy dla postkeynesowskiego instytucjonalizmu w latach 80. i 90., a jego idee nadal pozostają aktualne.(abstrakt oryginalny)
The paper presents a neo-institutional economics outlook on the 2008 financial crisis. The first part of the article offers a brief account of institutionalism, with special attention to where it differs from neoclassical economics. The second part provides a neo-institutional explanation of the global financial crisis. Section three identifies some economic policy measures that could help materialize the much awaited, improved modern version of the welfare state. The strand of economics that has inspired this paper may be termed as "post-Keynesian institutionalism," which is particularly strong in the USA and originates in the ideas of Thorstein B. Veblen, Wesley C. Mitchell, and John R. Commons. In addition, some of John M. Keynes's and Joseph A. Schumpeter's contributions to economics have been drawn upon. The well-received works of Hyman P. Minsky are, on the other hand, the main source of post-Keynesian neo-institutionalist citations.(original abstract)
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