Social Embeddedness, Social Capital and the Market Process: An Introduction to the Special Issue on Austrian Economics, Economic Sociology and Social Capital

Review of Austrian Economics (2008), 21: 107-18

26 Pages Posted: 31 Dec 2014

See all articles by Paul A. Lewis

Paul A. Lewis

King's College London

Emily L. Chamlee-Wright

Institute for Humane Studies at George Mason University

Date Written: 2008

Abstract

Two of the most influential concepts in social science over the past two decades have been 'social embeddedness' and 'social capital'. This essay introduces a special issue of the Review of Austrian Economics in which those concepts are examined from the perspective provided by Austrian economics. In particular, the contributors consider the compatibility of notions of 'embeddedness' and 'social capital' with the Austrian theory of the market process and explore whether reformulating those concepts in the light of Austrian ideas can contribute fresh insights.

Keywords: Austrian economics, economic sociology, trust, social capital

JEL Classification: A12, B40, B41, B53

Suggested Citation

Lewis, Paul Andrew and Chamlee-Wright, Emily L., Social Embeddedness, Social Capital and the Market Process: An Introduction to the Special Issue on Austrian Economics, Economic Sociology and Social Capital (2008). Review of Austrian Economics (2008), 21: 107-18. Available at SSRN: https://ssrn.com/abstract=2544225

Paul Andrew Lewis (Contact Author)

King's College London ( email )

Bush House
Aldwych
London, WC2R 2LS
United Kingdom
+44 0 20 7848 3970 (Phone)
+44 0 20 7848 3970 (Fax)

HOME PAGE: http://www.kcl.ac.uk/sspp/departments/politicaleconomy/people/academic/lewis.aspx

Emily L. Chamlee-Wright

Institute for Humane Studies at George Mason University ( email )

3401 N. Fairfax Drive
Arlington, VA 22201-4432
United States

HOME PAGE: http://https://theihs.org/

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