Exploring the social and political foundations of modern economies

The Max Planck Institute for the Study of Societies conducts basic research on the governance of modern societies. It aims to develop an empirically based theory of the social and political foundations of modern economies by investigating the interrelation between economic, social and political action. Using primarily an institutional approach, it examines how markets and business organizations are embedded in historical, institutional, political and cultural frameworks, how they develop, and how their social contexts change over time. The institute seeks to build a bridge between theory and policy and to contribute to political debate on major challenges facing modern societies.

The Black Market as a Grey Zone

Recent MPIfG research on "illegal markets"

Redistribution Preferences, Altruism, and Group Heterogeneity in Industrialized Democracies

David Rueda
Altruism is an important omitted variable in much of the Political Economy literature. In his lecture on April 30, David Rueda, Professor of Comparative Politics at Nuffield College, proposes that other-regarding concerns influence redistribution preferences: they matter most to those in less material need and they are conditional on the identity of the poor. Altruism is a luxury good most relevant to the rich, and it is most influential when the recipients of benefits are similar to those financing them.
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Economic Theory Facing Major Changes and Systemic Crises

Robert Boyer
In his Scholar in Residence Lectures, Robert Boyer challenges the view held by many theorists and politicians that the current eurozone crisis is something exceptional and therefore of little consequence to economic theory and will discuss possible reasons why economists were unable to anticipate the crisis in time.
Scholar in Residence Lectures 2015

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MPIfG - Homepage | http://www.mpifg.de/index_en.asp [Last updated 2015-04-23 16:30]