Analyzing poverty from the poor: proposal for an integrative theoretical framework
DOI:
https://doi.org/10.5377/typ.v0i29.6346Keywords:
Poverty, Austrian School of Economics, Economic Dynamics, Dynamics Cultural, Dynamics Social, Informal InstitutionsAbstract
This paper represents an effort to build a theoretical framework to analyze poverty from economic, cultural and social dynamics in living those in that condition. To accomplish this task central concepts of the Austrian School of Economics (the problem of coordination) of the New Institutional Economics (the impact of informal institutions) and the New Economic Sociology (social networks and the concept of integrated embeddedness of economic activity). The result is an analytical model that can address poverty from a different perspective than has traditionally been used in the field of political economy.
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