Abstract

The ‘Economics of Convention’ (EC) has been developed in France since the late 1980s as a new approach to economic analysis. Since then, it has evolved into a comprehensive social theory. In 2011, one of its leading proponents, Laurent Thévenot, called for a dialogue between the EC and history. The article argues that there is indeed much to be gained from such a dialogue for historians: ‘Convention’, as defined by the EC’s advocates, is a far-reaching concept that can be used to enhance the ability of cultural history of explaining how actors coordinate their actions in specific situations and how the outcomes of such situations aggregate, thereby producing structural effects.

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