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For most economists the terms “Chicago economics” and “institutionalism” denote clearly antithetical approaches to the discipline. Various members of the modern “Chicago School” have made highly dismissive remarks concerning American institutionalism. Coase has commented that...
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American institutionalist writers were much involved in the pre-Keynesian discussion over the problems of business cycles, unemployment, and appropriate government policy towards the problems of unemployment and macroeconomic stabilization. This paper will begin by establishing the main lines of...
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Previous discussions concerning the relationship between John Dewey’s pragmatic instrumentalism and institutional economics have focused on Clarence Ayres and on issues of valuation. This paper gives attention to the actual conduct of economic investigations by institutionalists such as Wesley...
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The American economics profession has a tortured relationship with the study of issues relatingto Black Americans. This paper traces that history beginning with the overt racism in the periodup to about 1910. During this time, W. E. B. Du Bois' attempts to gain acceptance from theAmerican...
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