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Morris A. Copeland: A Case Study in the History of Institutional Economics

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  • Rutherford, Malcolm

Abstract

Morris A. Copeland's work and career as an institutional economist has been the subject of only one significant paper (Millar 1980) and is not well known today, even among institutionalists. The standard histories of institutional economics have tended to focus on a few leading figures, notably Thorstein Veblen, Wesley C. Mitchell, John R. Commons, and Clarence Ayres, and have largely ignored the many others (some of whom had outstanding careers) associated with the movement. This narrow focus has given a misleading impression both of the institutionalist movement itself and also of the nature of the institutionalist contribution to economics. The examination of Copeland's career, treated as a case study in the history of institutional economics, can help correct this problem. Copeland is a perfect candidate for such a case study due to his central place within the interwar institutionalist movement, his teachers, the contacts he maintained, his work in both academic economics and in public service, and his professional standing within economics more generally.

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  • Rutherford, Malcolm, 2002. "Morris A. Copeland: A Case Study in the History of Institutional Economics," Journal of the History of Economic Thought, Cambridge University Press, vol. 24(3), pages 261-290, September.
    • Handle: RePEc:cup:jhisec:v:24:y:2002:i:03:p:261-290_00
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    Cited by:

    1. Malcolm Rutherford, 2001. "Institutional Economics: Then and Now," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 173-194, Summer.
    2. Pier Francesco Asso & Luca Fiorito, 2008. "Was Frank Knight an Institutionalist?," Review of Political Economy, Taylor & Francis Journals, vol. 20(1), pages 59-77.
    3. Malcolm Rutherford, 2010. "Chicago Economics and Institutionalism," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 2, Edward Elgar Publishing.
    4. Bradley W. Bateman, 2011. "German Influences in the Making of American Economics, 1885–1935," Chapters, in: Heinz D. Kurz & Tamotsu Nishizawa & Keith Tribe (ed.), The Dissemination of Economic Ideas, chapter 5, Edward Elgar Publishing.

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