Abstract

GIL MARTINEZ, Francisco. Venality and institutional economy in Hispanic Monarchy. Rev. Esc. Hist. [online]. 2017, vol.16, n.1, pp.00-00. ISSN 1669-9041.

The article examines the venality in the Hispanic Monarchy in the context of the economic institutional history. For that purpose, it studies the enrichment possibilities provided by the purchase of public offices and its practice. Afterwards, the work studies the consequences of the sales in different economic areas that, in general, produced grater concentrations of power and destabilised them favouring the same social groups that had taken part in the public auction. From this bases the author consider the hypothesis that the venality worked in a first moment as an ascent social track but, in the long term, it affected negatively in the economic activities and prevent the generalization of that mechanism.

Keywords : Venality; Offices; Institutional Economy; Bureaucracy; State.

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