IDEAS home Printed from https://ideas.repec.org/p/osf/osfxxx/95jek.html
   My bibliography  Save this paper

Understanding Clarence Ayres’s criticism to an emerging mainstream and birthing institutionalism through the 1930s Ayres-Knight debate

Author

Listed:
  • Almeida, Felipe
  • Cavalieri, Marco

Abstract

Clarence Ayres was a strong dissenting voice in US economics during the 20th century. In the 1930s, a debate between Ayres and Frank Knight was published by the International Journal of Ethics. Although the debate focused on ethics, the evolution of economics was also discussed. This paper proposes an understanding of Ayres’s ideas based on the context in which he made them. This context is defined by the 1930s Ayres-Knight debate and the archival correspondence between Ayres and Knight during the 1930s.

Suggested Citation

  • Almeida, Felipe & Cavalieri, Marco, 2020. "Understanding Clarence Ayres’s criticism to an emerging mainstream and birthing institutionalism through the 1930s Ayres-Knight debate," OSF Preprints 95jek, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:95jek
    DOI: 10.31219/osf.io/95jek
    as

    Download full text from publisher

    File URL: https://osf.io/download/603d799467386c02c861b578/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/95jek?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Avi J. Cohen, 2014. "Veblen Contra Clark and Fisher: Veblen-Robinson-Harcourt lineagesin capital controversies and beyond," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(6), pages 1493-1515.
    2. Malcolm Rutherford, 2001. "Walton Hamilton, Amherst, and the Brookings Graduate School: Institutonal Economics and Education," Department Discussion Papers 0104, Department of Economics, University of Victoria.
    3. Malcolm Rutherford, 1981. "Clarence Ayres and the Instrumental Theory of Value," Journal of Economic Issues, Taylor & Francis Journals, vol. 15(3), pages 657-673, September.
    4. Warren J. Samuels, 1992. "The Knight-Ayres Correspondence: The Grounds of Knowledge and Social Action," Palgrave Macmillan Books, in: Essays on the Methodology and Discourse of Economics, chapter 9, pages 154-200, Palgrave Macmillan.
    5. Clive Lawson, 2009. "Ayres, Technology and Technical Objects," Journal of Economic Issues, Taylor & Francis Journals, vol. 43(3), pages 641-660.
    6. Veblen, Thorstein, 1998. "Why Is Economics Not an Evolutionary Science?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 22(4), pages 403-414, July.
    7. Luca Fiorito, 2012. "American institutionalism at Chicago: A documentary note," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 19(5), pages 829-836, October.
    8. Charles R. McCann & Vibha Kapuria-Foreman, 2016. "Robert Franklin Hoxie: The Contributions of a Neglected Chicago Economist☆," Research in the History of Economic Thought and Methodology, in: Research in the History of Economic Thought and Methodology, volume 34, pages 219-304, Emerald Group Publishing Limited.
    9. Malcolm Rutherford, 1984. "Thorstein Veblen and the Processes of Institutional Change," History of Political Economy, Duke University Press, vol. 16(3), pages 331-348, Fall.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:osf:osfxxx:95jek_v1 is not listed on IDEAS
    2. Anastassios D. Karayiannis & Allan E. Young, 2003. "Entrepreneurial Activities in a Veblenian Type Transition Economy," The American Economist, Sage Publications, vol. 47(2), pages 40-51, October.
    3. John Hall Author-Email: hallj@pdx.edu & Alexander Dunlap & Joe Mitchell-Nelson, 2016. "Subreption, Radical Institutionalism, and Economic Evolution," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 63(4), pages 475-492, September.
    4. Davanzati, Guglielmo Forges, 2018. "Structural change driven by institutions: Thorstein veblen revised," Structural Change and Economic Dynamics, Elsevier, vol. 45(C), pages 105-110.
    5. Philip Faulkner & Clive Lawson & Jochen Runde, 2010. "Theorising technology," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(1), pages 1-16, January.
    6. L. Carlsson & N.-G. Lundgren & M.-O. Olsson, 2000. "Why Is the Russian Bear Still Asleep After Ten Years of Transition?," Working Papers ir00019, International Institute for Applied Systems Analysis.
    7. Hugh Rockoff, 2010. "On the Origins of A Monetary History," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 7, Edward Elgar Publishing.
    8. Nuno Ornelas Martins, 2021. "Adam Smith and Catholic Social Teaching," Journal of Business Ethics, Springer, vol. 170(2), pages 401-411, May.
    9. Henning Schwardt, 2022. "Technology and social rules and norms in neo-Schumpeterian economics and in original institutional economics," PSL Quarterly Review, Economia civile, vol. 75(303), pages 385-401.
    10. Pierre Garrouste, 2008. "The Emergence and Evolution of Institutions: The Complementary Approaches of Carl Menger and Thorstein Veblen," ICER Working Papers 17-2008, ICER - International Centre for Economic Research.
    11. Malcolm Rutherford, 1987. "Wesley Mitchell: Institutions and Quantitative Methods," Eastern Economic Journal, Eastern Economic Association, vol. 13(1), pages 63-73, Jan-Mar.
    12. Suri Ratnapala, 2001. "Eighteenth-Century Evolutionary Thought and its Relevance in the Age of Legislation," Constitutional Political Economy, Springer, vol. 12(1), pages 51-75, March.
    13. Felipe Almeida, 2016. "Society and brain: A complementary approach to Thorstein Veblen’s conspicuous consumer based on Tibor Scitovsky’s neuropsychology [Society and brain: A complementary approach to Thorstein Veblen’s con," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 26(2), pages 347-367, May-Augus.
    14. Clark, Terry & Azab, Carol & Martin Key, Thomas, 2024. "Marketing’s next era: The scope and impact of marketing’s future, the reach and legacy of Shelby Hunt," Journal of Business Research, Elsevier, vol. 170(C).
    15. Ceyhun GÜRKAN, 2020. "Fiscal Sociology and Veblen’s Critique of Capitalism: Insights for Social Economics and the 2008 Crisis," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(43).
    16. Luis Otavio Bau Macedo, 2017. "Veblen’s Institutional Approach and Agribusiness Coordination," International Business Research, Canadian Center of Science and Education, vol. 10(2), pages 124-134, February.
    17. Anton Oleinik, 2022. "Relevance in Web search: between content, authority and popularity," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(1), pages 173-194, February.
    18. Ricardo Kerguelén Méndez, 2016. "[Ensayo] Liberalismo e instituciones: Douglass North y la economía neoclásica," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 10(1), pages 249-290, June.
    19. Olivier Brette, 2003. "Thorstein Veblen's theory of institutional change: beyond technological determinism," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(3), pages 455-477.
    20. Guglielmo Forges Davanzati, 2016. "Thorstein Veblen on the nature of the firm and income distribution," Working Papers PKWP1618, Post Keynesian Economics Society (PKES).
    21. Luca Fiorito & Sebastiano Nerozzi, 2016. "Chicago Economics in the Making, 1926-1940. A Further Look at US Interwar Pluralism," Department of Economics University of Siena 733, Department of Economics, University of Siena.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:osf:osfxxx:95jek. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: OSF (email available below). General contact details of provider: https://osf.io/preprints/ .

    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.