TY  - JOUR
AB  - Evaluates the significance of Clarence Edwin Ayres′ contribution to
the historical development of the institutionalist school of economic
thought. Summarizes Ayres′ philosophy of pragmatic instrumentalism and
integrates it into his theory of economic progress, which is
disaggregated into its component parts: his theory of normative value;
his theory of economic causation; and his theory of economic policy.
Thoroughly explicates and carefully evaluates each of these theories.
Concludes that Clarence Ayres has made an important contribution to the
history of institutionalism by synthesizing the pragmatic philosophy of
C.S. Peirce, William James, and John Dewey with the institutional
economics of Thorstein B. Veblen, John R. Commons, and Wesley C.
Mitchell.
VL  - 19
IS  - 2
SN  - 0306-8293
DO  - 10.1108/EUM0000000000479
UR  - https://doi.org/10.1108/EUM0000000000479
AU  - Hill Lewis E.
PY  - 1992
Y1  - 1992/01/01
TI  - The Significance of Clarence Ayres' Pragmatic Instrumentalism in the History of Institutionalism
T2  - International Journal of Social Economics
PB  - MCB UP Ltd
SP  - 25
EP  - 30
Y2  - 2024/04/16
ER  -