Abstract: This essay explores the history of the idea of the moral economy—and the moral economy as an idea. It shows the ways in which debates about the market since the eighteenth century have been shadowed by debates and concerns about the ethical foundations of economic life. The history of capitalism has contained within it an internal tension between a romance with the market and nostalgia for worlds it dissolved. Moral economy has been a concept with many, global origins and different temporalities, depending on Continue reading → Continue reading →
Introduction Michele Alacevich Albert O. Hirschman died on December 10, 2012, after a long, eventful, and at times truly adventurous life. Born in 1915 Berlin as Otto Albert Hirschmann, he belonged to the last generation of upper-crust, assimilated Jews in democratic interwar Germany. As a young social democrat, he observed with increasing concern the polarization of the political life in postwar Germany before the collapse of the Weimar Republic. When Adolf Hitler seized power in 1933, seventeen-year-old Hirschman went to Paris and did not return Continue reading →