This paper is an attempt to compare Carl Menger and Thorstein Veblen,’s conceptions of institutions. It is shown that although Menger stresses on the emergence of institutions, Veblen is much aware of analyzing their evolution. On this basis the idea of a dialogue between the two authors is propose and its characteristics are presented.
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Paper provided by ICER - International Centre for Economic Research in its series ICER Working Papers with number
17-2008.
Length: 38 pages Date of creation: Jun 2008 Date of revision: Handle: RePEc:icr:wpicer:17-2008
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Find related papers by JEL classification: B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (includes Austrian, Marshallian, Walrasian) B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
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