👥 Max Posch & Itzchak Tzachi Raz
Read the full paper here:
🔗https://dropbox.com/scl/fi/xydg1vid6a8pw8zmvw8yc/Posch_Raz_Markets.pdf?rlkey=4b4qwrdkdv47ri5721mfwy92v&dl=0
17/17
👥 Max Posch & Itzchak Tzachi Raz
Read the full paper here:
🔗https://dropbox.com/scl/fi/xydg1vid6a8pw8zmvw8yc/Posch_Raz_Markets.pdf?rlkey=4b4qwrdkdv47ri5721mfwy92v&dl=0
17/17
We provide new support for the doux commerce hypothesis:
markets➡️impersonal prosocial norms, generalized trust, and broader patterns of cooperation
⚠️BUT markets also weakened traditional kin-based social insurance. Marx and Polanyi aren't entirely wrong!
16/17
We provide new support for the doux commerce hypothesis:
markets➡️impersonal prosocial norms, generalized trust, and broader patterns of cooperation
⚠️BUT markets also weakened traditional kin-based social insurance. Marx and Polanyi aren't entirely wrong!
16/17
Population diversity🫂, economic development🏭, access to information📰, and legal institutions🏛️—may have played some role, but none appear to account for the link between market access and generalized cooperative culture and behavior
15/17
Population diversity🫂, economic development🏭, access to information📰, and legal institutions🏛️—may have played some role, but none appear to account for the link between market access and generalized cooperative culture and behavior
15/17
1️⃣ A direct channel✅
Adaptation is concentrated in individuals more exposed to commerce and whose livelihood depends on it
⏩ More frequent and beneficial exchanges with strangers and increased economic interdependence is a key driver
14/17
1️⃣ A direct channel✅
Adaptation is concentrated in individuals more exposed to commerce and whose livelihood depends on it
⏩ More frequent and beneficial exchanges with strangers and increased economic interdependence is a key driver
14/17
Families who adjusted to the local, market-integrated norms had:
▪️Higher property values 📈🏡
▪️Lower child mortality 📉👶🪦
13/17
Families who adjusted to the local, market-integrated norms had:
▪️Higher property values 📈🏡
▪️Lower child mortality 📉👶🪦
13/17
We track domestic migrants and find:
❌ Selective sorting
✅ Adaptation: People moving to more market-integrated areas adapted quickly
⬆️They become more universalistic
⬆️Higher cooperation in the labor force
⬆️More cooperation with non-kin at home
12/17
We track domestic migrants and find:
❌ Selective sorting
✅ Adaptation: People moving to more market-integrated areas adapted quickly
⬆️They become more universalistic
⬆️Higher cooperation in the labor force
⬆️More cooperation with non-kin at home
12/17
✅ YES ‼️
1️⃣ strengthened generalized cooperative cultural traits
2️⃣ increased impersonal cooperation
3️⃣ reduced kin-based cooperation
11/17
✅ YES ‼️
1️⃣ strengthened generalized cooperative cultural traits
2️⃣ increased impersonal cooperation
3️⃣ reduced kin-based cooperation
11/17
⬆️ More impersonal cooperative behavior
⬇️ Less kin-based cooperation
10/17
⬆️ More impersonal cooperative behavior
⬇️ Less kin-based cooperation
10/17
🤝 Impersonal cooperation across different spheres of social life: at work, in innovation, at home, and within the community
👨👩👧👦👴👵 Kin-based cooperation with the share of vulnerable individuals cared for by relatives at home
9/17
🤝 Impersonal cooperation across different spheres of social life: at work, in innovation, at home, and within the community
👨👩👧👦👴👵 Kin-based cooperation with the share of vulnerable individuals cared for by relatives at home
9/17
8/17
8/17
📈 Counties saw big, uneven increases in market access over time, driven by the expansion of the railroad network and by population growth 🚂🛤️
7/17
📈 Counties saw big, uneven increases in market access over time, driven by the expansion of the railroad network and by population growth 🚂🛤️
7/17
🗺️ Long-distance trade rapidly expanded
🛒 Household consumption became increasingly reliant on distant sellers
6/17
🗺️ Long-distance trade rapidly expanded
🛒 Household consumption became increasingly reliant on distant sellers
6/17
During this period, the US became the world’s most integrated economy and transformed into a “market society,” where markets became a central organizing force of life:
5/17
During this period, the US became the world’s most integrated economy and transformed into a “market society,” where markets became a central organizing force of life:
5/17
4/17
4/17
3/17
3/17
), we show that as markets expanded, Americans became more universalistic, tolerant, trusting, and cooperative
🔗https://dropbox.com/scl/fi/xydg1vid6a8pw8zmvw8yc/Posch_Raz_Markets.pdf?rlkey=4b4qwrdkdv47ri5721mfwy92v&e=1&dl=0
2/17
), we show that as markets expanded, Americans became more universalistic, tolerant, trusting, and cooperative
🔗https://dropbox.com/scl/fi/xydg1vid6a8pw8zmvw8yc/Posch_Raz_Markets.pdf?rlkey=4b4qwrdkdv47ri5721mfwy92v&e=1&dl=0
2/17