Full bibliography
Uncertainty, Control, and Karl Polanyi's Protective Response
Resource type
Author/contributor
- Zalewski, David A. (Author)
Title
Uncertainty, Control, and Karl Polanyi's Protective Response
Abstract
Post-Keynesian institutionalist economists like Wallace Peterson and John Kenneth Galbraith recognized that the impact of uncertainty on economic wellbeing depends in part on the degree of control people have over the sources and consequences of it. Given the inability of government and other large institutions to reduce uncertainty or to provide citizens with the ability to manage it, mediating structures are considered as an alternative means of promoting economic security. The article concludes by describing and evaluating several of these alternatives.
Publication
Journal of Economic Issues
Volume
52
Issue
2
Pages
483-489
Date
April 2018
Journal Abbr
Journal of Economic Issues
Language
English
ISSN
00213624
Accessed
2019-11-19, 4:05 p.m.
Library Catalog
EBSCOhost
Citation
Zalewski, David A. 2018. “Uncertainty, Control, and Karl Polanyi’s Protective Response.” Journal of Economic Issues 52(2): 483–89.
Discipline
Publication year
Keywords
- Austrian
- criteria for decision-making under risk and uncertainty
- current heterodox approaches: historical
- evolutionary
- general welfare
- history of economic thought: individuals
- history of economic thought since 1925: historical
- institutional
- Stockholm School
- well-being
Link to this record
Comments and observations
Be the first to comment!
Please email us your comments, and we will gladly review your submission.