IDEAS home Printed from https://ideas.repec.org/a/auv/jipbud/v17y2012i2p149-174.html
   My bibliography  Save this article

The Institutional Fundamentals of Poverty from Veblen\'s Viewpoint (in Persian)

Author

Listed:
  • Mashadi-Ahmad, Mahmoud

    (Iran)

Abstract

Doubtlessly, poverty is one of the greatest concerns of human societies and economic systems. Obviously, if economics and economists can not produce a proper analysis of such a bitter phenomenon and provide a solution to fight against it, their knowledge will be in vain. In Fact if productivity-oriented economists are merely able to attribute poverty to low productivity of individuals, they have to admit that their economic theory is no more than a tale for half of human beings. This is one of the critical and emphatic points, explained in this paper that makes it distinguished from other works in this area. Indeed the subject of this study is that diametrically different from the opinion of the mainstream economists, poverty does not have an origin related to individuals on the contrary, it comes from institutional shortcomings and it is not just the outcome of individual inefficiency. This article tries to explain that mainstream economics has not well introduced the rots of poverty while institutions such as well-to-do class, heritage, manners and traditions could rather be regarded the major causes of individual poverty. Moreover, deductive logics as well as mathematical methodology, which are widely used in mainstream economics, have deprived such economists from the research methods emphasized by institutional economists such as participant-observer method. Yet, some recent institutional researches, conducted with the same method, have well revealed that most previous studies on poverty had neglected crucial points pertaining to the subject.

Suggested Citation

  • Mashadi-Ahmad, Mahmoud, 2012. "The Institutional Fundamentals of Poverty from Veblen\'s Viewpoint (in Persian)," The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی Ùˆ بودجه), Institute for Management and Planning studies, vol. 17(2), pages 149-174, August.
  • Handle: RePEc:auv:jipbud:v:17:y:2012:i:2:p:149-174
    as

    Download full text from publisher

    File URL: http://jpbud.ir/article-1-615-en.pdf
    Download Restriction: no

    File URL: http://jpbud.ir/article-1-615-en.html
    Download Restriction: no

    File URL: http://jpbud.ir/article-1-615-fa.html
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:auv:jipbud:v:17:y:2012:i:2:p:149-174. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nahid Jebeli (email available below). General contact details of provider: https://edirc.repec.org/data/irpdair.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.