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Journal Article
History of Political Economy (1994) 26 (4): 569–587.
Published: 01 November 1994
... of “Institutionalist” Doctrine during the New Deal Years William J. Barber “Institutional economics” defies a precise definition that would command unanimous assent. Economists who march behind this banner differ sig- nificantly in their styles and approaches. Typically, however, they can all rally...
Journal Article
History of Political Economy (2012) 44 (4): 703–706.
Published: 01 November 2012
...Geoffrey M. Hodgson The Institutionalist Movement in American Economics, 1918–1947: Science and Social Control . By Rutherford Malcolm . Cambridge : Cambridge University Press , 2011 . 410 pp. Cloth $95.00 . Copyright 2012 by Duke University Press 2012 References Asso...
Journal Article
History of Political Economy (1992) 24 (1): 79–116.
Published: 01 March 1992
... . 1921 . The Engineers and the Price System . New York: Viking. Van Metre , Thurman W. 1921 . Economic History of the United States . New York: Holt & Co. Henry Sidgwick and the Institutionalists on Goodwill of the Firm Robert A. Black Introduction...
Journal Article
History of Political Economy (1977) 9 (1): 150–152.
Published: 01 March 1977
...-century Ameri- can economic thought. University of Maryland ALLANG. GRUCHY Thorstein Veblen and the Institutionalists. By David Seckler (with a foreword by Lord Robbins). Boulder, Colorado: Colorado Associated University Press, 1975. Pp. 160. $10.00...
Journal Article
History of Political Economy (1994) 26 (suppl_1): 253–275.
Published: 01 January 1994
...Malcolm Rutherford Malcolm Rutherford is professor and chair of the Department of Economics at the University of Victoria in Canada. He has written extensively on the American institutionalist tradition and is author of Institutions in Economics: The Old and the New Institutionalism (1994...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 77–98.
Published: 01 December 2015
... of large-scale production techniques, methods of corporate finance, and salesmanship. Institutionalists do not use the terminology of market failure, and neither do they use the competitive model as a standard, as a way of judging departures from an ideal, but in the many references to the need for new...
Journal Article
History of Political Economy (2020) 52 (2): 307–339.
Published: 01 April 2020
... accounting was born out of a governmental project, implemented by institutionalist economists at the National Bureau of Economic Research (NBER) during the interwar period, to manage “the business cycle.” Bridging the literatures on the history of economic policymaking of the interwar period and the postwar...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 71–169.
Published: 01 December 2016
..., and mounting political instability. Among economists, American institutionalists were most attracted to psychology, notably Wesley Clair Mitchell and John Maurice Clark. Herbert Davenport, Thomas Nixon Carver, and Frank Knight were among the critics. It is suggested that the cultural context of America may...
Journal Article
History of Political Economy (2021) 53 (1): 35–56.
Published: 01 February 2021
... society’s health, welfare, and morals. Using both published and unpublished evidence, we argue that, as an institutionalist, Mitchell was free from the paternalistic and antidemocratic bent of the progressives and was ready to accept the new faith in the plasticity of human nature that sustained interwar...
Journal Article
History of Political Economy (2011) 43 (1): 59–82.
Published: 01 March 2011
... and economic progress through a new world order, how to sustain the arts in an advanced market economy, how to improve the position of women and minorities, and how to protect the environment. They were influenced by many thinkers including the American institutionalists. Correspondence may be addressed...
Journal Article
History of Political Economy (2019) 51 (2): 297–327.
Published: 01 April 2019
... that new institutionalist monetary theories had a substantial influence on the Federal Reserve from the beginning of the Depression and pushed the Federal Reserve to focus on reducing interest rates on long-term assets and encouraging bank investments in such assets. This article will show how these ideas...
Journal Article
History of Political Economy (1977) 9 (1): 147–150.
Published: 01 March 1977
.... Like Henry Carey, E. Peshine Smith, and Simon Patten, Veblen and his followers took the economic sys- tem to be a dynamic, evolving process whose evolution was in large part the result of improvements in knowledge, science, and technology. Also American institutionalists emphasized...
Journal Article
History of Political Economy (1998) 30 (Supplement): 1–26.
Published: 01 December 1998
... for the “old institutionalists,” postwar neoclassicism as full- fledged general-equilibrium mathematics, and the path between them as the natural and inexorable victory of mathematics and science over bumbling historicism. It is not difficult to recognize this account for what it is: a set of straw men ready...
Journal Article
History of Political Economy (1998) 30 (Supplement): 108–133.
Published: 01 December 1998
... Economics: A Case of Reproductive Failure? Jeff Biddle Both historians and economists have speculated concerning the rea- sons for the decline in institutionalism in the second half of the twenti- eth century.1 Prominent noninstitutionalists, for example, have argued that institutionalists lacked...
Journal Article
History of Political Economy (2004) 36 (1): 31–78.
Published: 01 March 2004
..., Kenton W. 2001 . Social Science Research Council, 1923-1998 . New York: Social Science Research Council. Yonay, Yuval P. 1998 . The Struggle over the Soul of Economics: Institutionalist and Neoclassical Economists in America between the Wars . Princeton, N.J.: Princeton University Press...
Journal Article
History of Political Economy (1989) 21 (3): 559–561.
Published: 01 September 1989
...: the contribution of institutionalist economics ( 1972), brought the account through the .quarter-century following World War 11. This third volume seeks to bring the history of institu- tional economics into the mid-1980s. The first two chapters lay out the distinguishing features of institutional eco...
Journal Article
History of Political Economy (1988) 20 (4): 683–688.
Published: 01 November 1988
... of Institutional anal- ysis. Stanfield, a well-known and respected “left” Institutionalist, organizes his text to demonstrate that Polanyi is remarkably close to the prescriptions of Insti- tutionalism from Polanyi’s criticisms of the “economistic fallacy” that character- izes much neoclassical...
Journal Article
History of Political Economy (1982) 14 (2): 284–286.
Published: 01 June 1982
... us to cease and desist. There is another theme in the book, however: a passionate and sometimes polemical defense of neoclassical economics. Blaug’s favorite targets come un- der attack: Cambridge neo-Ricardians, institutionalists, Marxists, and other heathen who have dared...
Journal Article
History of Political Economy (2004) 36 (3): 557–578.
Published: 01 September 2004
... Dewey: The Middle Works, 1899-1924 , edited by J. A. Boydston, 1 -230. Carbondale: Southern Illinois University Press. Dorfman, Joseph. 1959 . The Economic Mind in American Civilization . Vols. 4-5 . New York: Viking. Fiorito, Luca. 2003 . Ronald Coase and the Institutionalists Once Again...
Journal Article
History of Political Economy (1990) 22 (4): 758–760.
Published: 01 November 1990
... edifice of economics as a socially serviceable, cultural science. His characteristically institutionalist position, therefore, is that “the economy is a process, not an equilibrium” (4). Pari passu, the static notions of neoclassical economics now appear as an edifice in ruins, or at the very...