Institutional Economics
Its Influence and Prospects
Bibliographic Data
| ID | 2802684 |
|---|---|
| Authors | Allan G Gruchy (University of Mary, corresponding author) |
| Year | 1978 |
| Volume | 37 |
| Issue | 3 |
| Pages | 271-280 |
| Publication date | 1978-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1536-7150.1978.tb01229.x |
| OpenAlex | W2083155619 |
| Language | EN |
| Citations received | 1 |
The influence of institutional economics is determined more by the contributions of outstanding mainstream institutionalists such a Myrdal, Colm, and Galbraith than by the Association for Evolutionary Economics (AFEE) established to advance institutionalism. This association as a collective body has a clearcut theoretical image because its membership is largely made up of advocates of a vague evolutionary economics or of a proposed but not clearly defined new general theory of institutionalism regarded as a substitute for mainstream institutionalism regarded as a substitute for mainstream institutionalism. Mainstream institutionalists from Veblen to Myrdal have constructed a well-defined theory of the evolving industrial system, a technological interpretation of this evolving system, and a logic of industrialism that points in the direction of 'indicative' national planning. Until AFEE builds upon this theoretical work of the mainstream institutionalists it will have neither a well-defined institutionalist image nor policy proposals appropriate to the coming post-industrial society
Applied economics · Economics · Evolutionary Economics · Institutional economics · Institutional theory · Institutionalism · Interpretation (philosophy) · Mainstream · Mainstream economics · Neoclassical economics · New institutionalism · Political science · Politics · Positive economics · Social science · Sociology · Veblen good · Economic theories and models · Economic Theory and Institutions · Law · Political Economy and Marxism
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,17 |
| Citation span | 2020 - 2020 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |