Is economics an evolutionary science? : the legacy of Thorstein Veblen
Francisco Louçã, Mark Perlman
Abstract
Francisco Louçã, Mark Perlman
Abstract
Part 1 Veblen's challenge: mind-sets, and why Veblen was ineffectual, Mark Perlman how can economics be an institutional-evolutionary science?, Phillip O'Hara Thorstein Veblen and the political economy of the ordinary - hope and despair, Alan W. Dyer Veblen and theories of the firm, Anne Mayhew institutional economics and the specificity of social evolution -about the contribution of J.R. Commons, Laure Bazzoli the significance of Clarence Ayres and the Texas School, James R. Stanfield and Jacqueline B. Stanfield bounded rationality, institutionalism and the diversity of economic institutions, Ugo Pagano is economics an evolutionary science?, Frank Hahn. Part 2 The challenge reconsidered: the travelling salesman returns from the war - Tjalink Koopmans and the wartime studies for peacetime applications, Albert Jolink is capitalism doomed? a Nobel discussion, Francisco Louca an institutionalist foundation for development studies - rethinking Polyani and Veblen on the Sonderweg, Eyup Ozveren the future's unknowability - Keynes's probability, probable knowledge and the decision to innovate, Marco Crocc. Part 3 Perspectives: institutions, increasing returns and endogenous growth, J.S. Metcalfe.
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Part 1 Veblen's challenge: mind-sets, and why Veblen was ineffectual, Mark Perlman how can economics be an institutional-evolutionary science?, Phillip O'Hara Thorstein Veblen and the political economy of the ordinary - hope and despair, Alan W. Dyer Veblen and theories of the firm, Anne Mayhew institutional economics and the specificity of social evolution -about the contribution of J.R. Commons, Laure Bazzoli the significance of Clarence Ayres and the Texas School, James R. Stanfield and Jacqueline B. Stanfield bounded rationality, institutionalism and the diversity of economic institutions, Ugo Pagano is economics an evolutionary science?, Frank Hahn. Part 2 The challenge reconsidered: the travelling salesman returns from the war - Tjalink Koopmans and the wartime studies for peacetime applications, Albert Jolink is capitalism doomed? a Nobel discussion, Francisco Louca an institutionalist foundation for development studies - rethinking Polyani and Veblen on the Sonderweg, Eyup Ozveren the future's unknowability - Keynes's probability, probable knowledge and the decision to innovate, Marco Crocc. Part 3 Perspectives: institutions, increasing returns and endogenous growth, J.S. Metcalfe.
Key concepts: Veblen good, Institutional economics, Evolutionary economics, Institutionalism, Neoclassical economics, Capitalism, Economics, Positive economics