Emergence era places a social institution in the historical period when it first took hold. Wikipedia notes that "historically, most human societies use family as the primary purpose of attachment, nurturance, and socialization," a role reaching back long before any written record. Browsing by emergence era shows how old a given institution really is.
Facts
Comparison
Established Era Middle Ages
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Sources
1. Wikipedia: Institutional economics
WikipediaInstitutional economics, lead sectionQuote, Institutional economics, lead section
Its name and core elements trace back to a 1919 American Economic Review article by Walton H. Hamilton.
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