Showing 1 - 10 of 33
This paper explores some ontological and epistemological conditions of the emergence of the Veblenian system of political economy. For that, we refer to Foucault's archaeology of political economy, since it offers insights into some of the relations that help us to understand the underlying...
Persistent link: https://www.econbiz.de/10011858397
Weber's approach to social scientific methodology and his comparative historical sociology were important resources that Knight drew upon in his efforts to create a social science that transcended the terms of the neoclassical-institutionalist debate during the 1920s and 1930s. The paper...
Persistent link: https://www.econbiz.de/10012778371
This article revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann's idiosyncratic (i.e., eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1)...
Persistent link: https://www.econbiz.de/10012716493
The purpose of this chapter is an attempt to reconstruct the evolution of North's approach to understanding economic history. Underlying this evolution has been an increasing recognition of the role that transaction costs play in explaining the economic performance of different societies through...
Persistent link: https://www.econbiz.de/10012850926
This article is the introductory chapter to a festschrift in honour of Geoff Hodgson. In work spanning four decades, Geoff Hodgson has made many path-breaking contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory...
Persistent link: https://www.econbiz.de/10012866139
Robert Neild (born 1924) has made a major contribution to economics and to peace studies. This paper provides a brief sketch of Neild's life and work. While noting his research in economic policy and peace studies, this essay devotes more attention to his largely-unnoticed contributions to...
Persistent link: https://www.econbiz.de/10012944789
Polanyi's book on The Great Transformation provides an analysis of the emergence and significance of capitalist economic structures which differs radically from those currently universally taught in economic textbooks. This analysis is based on a methodological approach which is also radically...
Persistent link: https://www.econbiz.de/10013006275
In this contribution, we provide an interpretation of Friedrich von Wieser's contribution to economics, which pays tribute to the originality of his work, and particularly his view of how institutions interfere with individual behavior. This interaction takes place within a disequilibrium...
Persistent link: https://www.econbiz.de/10012994156
I discuss Aoki's fundamental model of institutions in its most recent version, building on a comment that Aoki contributed to a paper by Hindriks and Guala in 2015. These authors advance a ‘rules in equilibrium' approach to institutions that claims to reduce a Searlian social ontology of...
Persistent link: https://www.econbiz.de/10012999665
English Abstract: In the last four decades there is a renewed interest within the economic theory for the institutional structures. Numerous, multiple and often unpredictable effects of institutions on economic process are differently reflected among the leading schools of economic analysis....
Persistent link: https://www.econbiz.de/10013028808