The Evolution of Institutional Economics: Agency, Structure, and Darwinism in American Institutionalism
Author: G Hodgson
The story of American Institutional Economics, from its foundations through its supremacy and subsequent decline is an extremely interesting one. Today with the return of Darwinian ideas to social sciences, changes in psychology and a revival of pragmatist philosophy, the intellectual conditions for a revival and reconstruction of American Institutionalism are arguably in place.
Few are better qualified to provide an authoritative, wide-ranging account of the rise, fall and potential rebirth of institutional economics than Geoffrey Hodgson. This well-written comprehensive study offers an interpretation of Veblen and American Institutionalism that places Darwinism at the center. In this and other aspects, it challenges prevailing accounts of the nature and potential of American Institutionalism.
The author's position as one of the most important economists in the world is becoming cemented by his marvelous history of important books. This book will only add to his status. The book will be readand re-read by academics and students economics, philosophy and sociology.
Table of Contents:
List of illustrations | ||
Preface | ||
Acknowledgements | ||
Dramatis personae principes | ||
Pt. I | Introduction | 1 |
1 | Nature and scope | 3 |
2 | Agency and structure | 12 |
3 | Objections and explanations | 41 |
Pt. II | Darwinism and the Victorian social sciences | 67 |
4 | Charles Darwin, Herbert Spencer and the human species | 69 |
5 | Precursors of Emergence and multiple-level evolution | 99 |
Pt. III | Veblenian institutionalism | 123 |
6 | The beginnings of veblenian institutionalism | 125 |
7 | The Darwinian mind of Thorstein Veblen | 143 |
8 | Veblen's evolutionary institutionalism | 176 |
9 | The instinct of workmanship and the pecuniary culture | 195 |
10 | A wrong turning : science and the machine process | 206 |
11 | Missed connections : creative synthesis and emergent evolution | 225 |
12 | The launch of institutional economics and the loss of its veblenian ballast | 248 |
Pt. IV | Institutionalism into the wilderness | 283 |
13 | John R. Commons and the tangled jungle | 285 |
14 | Wesley Mitchell and the triumph of macroeconomics | 309 |
15 | The maverick institutionalism of Frank Knight | 322 |
16 | The evolution of Clarence Ayres | 345 |
17 | The Ayresian dichotomies : Ayres versus Veblen | 355 |
18 | The decline of institutional economics | 379 |
Pt. V | Beginning the reconstruction of institutional economics | 399 |
19 | The potential revival of veblenian institutionalism | 401 |
20 | On individuals and institutions | 419 |
21 | Conclusion and beginning | 447 |
Bibliography | 453 | |
Index | 520 |
Interesting textbook: Das Konkurrieren durch das Design: Die Macht der Organisatorischen Architektur
Coaching for Peak Employee Performance: A Practical Guide to Supporting Employee Development
Author: Bill Foster
Managers and supervisors need to sharpen their coaching skills if they want their employees to achieve high performance. This guidebook details what those in charge can do to develop their staff and help them meet, and even exceed, organizational expectations.
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