This book charts the rise, fall and renewal of institutional economics in the critical, analytical and readable style that Hodgson's fans have come to know and love, and that a new generation of readers will surely come to appreciate
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EBS Universität für Wirtschaft und Recht, Learning Center, Standort Wiesbaden, Fachbibliothek Rechtswissenschaften
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This book charts the rise, fall and renewal of institutional economics in the critical, analytical and readable style that Hodgson's fans have come to know and love, and that a new generation of readers will surely come to appreciate
Intended as a continuation of the discussion begun in his How economics forgot history
Includes bibliographical references (p. [453]-510) and index
Electronic reproduction; Available via World Wide Web
Book Cover; Title; Contents; List of illustrations; Preface; Acknowledgements; Dramatis personae principes; Introduction; Nature and scope; Agency and structure; Objections and explanations; Darwinism and the Victorian social sciences; Charles Darwin, Herbert Spencer and the human species; Precursors of emergence and multiple-level evolution; Veblenian institutionalism; The beginnings of Veblenian institutionalism; The Darwinian mind of Thorstein Veblen; Veblen's evolutionary institutionalism; The instinct of workmanship and the pecuniary culture
A wrong turning: science and the machine processMissed connections: creative synthesis and emergent evolution; The launch of institutional economics and the loss of its Veblenian ballast; Institutionalism into the wilderness; John R. Commons and the tangled jungle; Wesley Mitchell and the triumph of macroeconomics; The maverick institutionalism of Frank Knight; The evolution of Clarence Ayres; The Ayresian dichotomies: Ayres versus Veblen; The decline of institutional economics; Beginning the reconstruction of institutional economics; The potential revival of Veblenian institutionalism
On individuals and institutionsConclusion and beginning; Bibliography; Index
