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Hüther, M. Looking Back to the Future: Time Strata and Economic Analysis. Journal of Contextual Economics – Schmollers Jahrbuch, 138(2), 89-116. https://doi.org/10.3790/schm.138.2.89
Hüther, Michael. "Looking Back to the Future: Time Strata and Economic Analysis" Journal of Contextual Economics – Schmollers Jahrbuch 138.2, , 89-116. https://doi.org/10.3790/schm.138.2.89
Hüther, Michael: Looking Back to the Future: Time Strata and Economic Analysis, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 138, iss. 2, 89-116, [online] https://doi.org/10.3790/schm.138.2.89

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Looking Back to the Future: Time Strata and Economic Analysis

Hüther, Michael

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 138 (2018), Iss. 2 : pp. 89–116

2 Citations (CrossRef)

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Article Details

Author Details

Hüther, Michael, German Economic Institute, Konrad-Adenauer-Ufer 21, 50668 Cologne, Germany.

Cited By

  1. Der lange Schatten der Hyperinflation

    Hüther, Michael

    List Forum für Wirtschafts- und Finanzpolitik, Vol. 46 (2021), Iss. 3 P.273

    https://doi.org/10.1007/s41025-020-00203-2 [Citations: 2]
  2. Der amerikanische Traum ist ausgeträumt

    Hüther, Michael

    Wirtschaftsdienst, Vol. 100 (2020), Iss. 12 P.918

    https://doi.org/10.1007/s10273-020-2797-x [Citations: 0]

Abstract

Abstract

In mainstream economics cultural differences, habits and mind-sets are considered to be reflected in the institutional setting. To reintroduce historical time, we combine the concept of path dependency with the concept of time strata; instead of explaining a fact isolated from its historical conditionality, the perspective moves from a contemporary phenomenon to several paths incorporated in it and questions their time-differentiated interlocking, mutual influence and conditioning. At the same time, the direction of the perspective changes: the path is analysed from today to yesterday. We use this approach to explain the particular current economic situation in Germany: namely, the strength in manufacturing and in global exports.

JEL Codes: B5, N0, O1