The Evolution of Institutional Economics: Agency, Structure, and Darwinism in American Institutionalism

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Author: G. Hodgson

ISBN-10: 0415322537

ISBN-13: 9780415322539

Category: Economic Theory & Schools of Thought

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This exciting new book from Geoffrey Hodgson is eagerly awaited by social scientists from many different backgrounds. This book charts the rise, fall and renewal of institutional economics in the critical, analytical and readable style that Hodgson's fans have come to know and love, and that a new generation of readers will surely come to appreciate.

List of illustrationsPrefaceAcknowledgementsDramatis personae principesPt. IIntroduction11Nature and scope32Agency and structure123Objections and explanations41Pt. IIDarwinism and the Victorian social sciences674Charles Darwin, Herbert Spencer and the human species695Precursors of Emergence and multiple-level evolution99Pt. IIIVeblenian institutionalism1236The beginnings of veblenian institutionalism1257The Darwinian mind of Thorstein Veblen1438Veblen's evolutionary institutionalism1769The instinct of workmanship and the pecuniary culture19510A wrong turning : science and the machine process20611Missed connections : creative synthesis and emergent evolution22512The launch of institutional economics and the loss of its veblenian ballast248Pt. IVInstitutionalism into the wilderness28313John R. Commons and the tangled jungle28514Wesley Mitchell and the triumph of macroeconomics30915The maverick institutionalism of Frank Knight32216The evolution of Clarence Ayres34517The Ayresian dichotomies : Ayres versus Veblen35518The decline of institutional economics379Pt. VBeginning the reconstruction of institutional economics39919The potential revival of veblenian institutionalism40120On individuals and institutions41921Conclusion and beginning447Bibliography453Index520