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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Economic History and Economic Theory: The Staples Approach to Economic Development
Author(s): Dow, Alexander
Dow, Sheila
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Keywords: Economic history
Staples approach
Financial crisis
Issue Date: Nov-2014
Date Deposited: 8-Jan-2014
Citation: Dow A & Dow S (2014) Economic History and Economic Theory: The Staples Approach to Economic Development. Cambridge Journal of Economics, 38 (6), pp. 1339-1353.
Abstract: The ideas and institutions within which the current global crisis is being addressed reflect the power structures of the past and are under pressure to evolve. But mainstream economics tenaciously retains its long-standing power over academe and policy, while denying a theoretical role for power. Here we consider the contribution of economic history to theorising. In particular we present a case study in the form of an economic history approach which emphasises the role of the state in relation to markets: the staples approach of Harold Innis. We apply this approach to the modern financial sector.
DOI Link: 10.1093/cje/bet021
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