The passionate debate, among policy makers and theorists, over the appropriateness of protecting infant industries in developing countries was one of greatest interest in the economic literature of the eighteenth and nineteenth centuries. On one side of the argument are the British advocates of...

Examines the role of institutional change in post‐Communist transition, notably in the sequence of transformations. Explains the reasons for the strategic role of institutional change, the major elements of such change, a rationale explaining why, to create maximum effect, these changes should...

This paper examines the origins and the institutions, strategies, and policies of the shift to transition toward capitalism and democracy as the aspired system of political economy of Boris Yeltsin and his supporters in Russia in the early 1990s. The paper argues that this process of radical...

After a clarification of definitions important in methodological discussions, a brief history of early methodological thought in economics and political economy is presented. The development of “orthodox” methodology is traced, and the fundamental assumptions underlying neoclassical economic...