"catallaxy" meaning in English

See catallaxy in All languages combined, or Wiktionary

Noun

IPA: /ˈkætəˌlæksi/ Forms: catallaxies [plural]
Etymology: From Ancient Greek καταλλάσσω (katallássō, “to exchange”). Popularized by economist Friedrich Hayek. Etymology templates: {{der|en|grc|καταλλάσσω|t=to exchange}} Ancient Greek καταλλάσσω (katallássō, “to exchange”) Head templates: {{en-noun|~}} catallaxy (countable and uncountable, plural catallaxies)
  1. A high-interaction society of collective decision making. Wikipedia link: Friedrich Hayek Tags: countable, uncountable Categories (topical): Economics Related terms: catallactics

Inflected forms

Download JSON data for catallaxy meaning in English (2.6kB)

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          "ref": "1997, Nicholas Mercuro, Steven G. Medema, Economics and the Law: From Posner to Post-modernism, Princeton University Press, page 95",
          "text": "Catallaxy is distinguished from conventional political science by its focus on the science of complex exchanges. Whereas catallaxy views politics and the political process in terms of the voluntary exchange paradigm, the focus of political science is on the nonvoluntary relationships among individuals involving power and/or coercion.",
          "type": "quotation"
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          "text": "It would be possible to depict the catallaxy as seen from the perspective of any particular entrepreneur or enterprise. This depiction would show the main features of that enterprise's operation within the catallaxy. But that enterprise is embedded with a catallaxy of myriad other enterprises, each of which operates with a map of its relevant catallaxy that is simpler by far than the entire catallaxy.",
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-06-04 from the enwiktionary dump dated 2024-05-02 using wiktextract (e9e0a99 and db5a844). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.