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THE EVOLUTION OF INSTITUTIONAL ECONOMICSHodgson’s

In: A Research Annual

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  • Bradley W. Bateman

Abstract

Geoffrey Hodgson would like to change all this with hisEvolution of Institutional Economics: Agency, Structure, and Darwinism in American Institutionalism(2004). Hodgson writes as both an economic theorist and an historian of economic thought, and he argues that in the history of Institutional Economics in America resides a valuable legacy upon which contemporary theorists can build. In truth, Hodgson’s book must be read together with his recentHow Economics Forgot History; The Problem of Historical Specificity in Social Science(2001), where he has argued for the importance of historical reasoning to economists.

Suggested Citation

  • Bradley W. Bateman, 2005. "THE EVOLUTION OF INSTITUTIONAL ECONOMICSHodgson’s," Research in the History of Economic Thought and Methodology, in: A Research Annual, pages 137-165, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rhetzz:s0743-4154(05)23005-5
    DOI: 10.1016/S0743-4154(05)23005-5
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