THE EVOLUTION OF INSTITUTIONAL ECONOMICSHodgson’s
Abstract
Geoffrey Hodgson would like to change all this with his Evolution of Institutional Economics: Agency, Structure, and Darwinism in American Institutionalism (2004). Hodgson writes as both an economic theorist and an historian of economic thought, and he argues that in the history of Institutional Economics in America resides a valuable legacy upon which contemporary theorists can build. In truth, Hodgson’s book must be read together with his recent How Economics Forgot History; The Problem of Historical Specificity in Social Science (2001), where he has argued for the importance of historical reasoning to economists.
Citation
Bateman, B.W. (2005), " THE EVOLUTION OF INSTITUTIONAL ECONOMICSHodgson’s", Samuels, W.J., Biddle, J.E. and Emmett, R.B. (Ed.) A Research Annual (Research in the History of Economic Thought and Methodology, Vol. 23 Part 1), Emerald Group Publishing Limited, Leeds, pp. 137-165. https://doi.org/10.1016/S0743-4154(05)23005-5
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited