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Cover of Classics in Institutional Economics, Part I

Classics in Institutional Economics, Part I The Founders - Key Texts, 1890-1945

  • Published: 1997
  • DOI: 10.4324/9781851963904
  • Set ISBN: 9781851963904

Institutional economics is recognised as a peculiarly American development in economics ? nothing quite like it emerged in Britain or continental Europe. As such, a knowledge of the literature of institutionalism is a necessary part of understanding the history of American economics and American social thought more broadly.

The work of the authors featured in this collection served to create and define the American institutionalist tradition in economics: Thorstein Veblen, Richard Theodore Ely, John Rogers Commons, Robert Franklin Hoxie, Wesley Clair Mitchell and Walton Hale Hamilton. These figures were also central to institutionalism?s numerous debates on the unifying characteristics of the movement and its principal contributions ? making this collection of their most important works a convenient vehicle to assess these issues. It is also of increasing value given the fact that the main concerns of institutionalists, such as the role of institutions and development of an evolutionary approach, having been coming back into prominence as important issues in economics.

Set Contents

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Introduction

Thorstein Bunde Veblen, Why is Economics not an Evolutionary Science?: Overview, Why is economics not an evolutionary science?, Excerpts from the Theory of the Leisure Class: Overview, Pecuniary Emulation, Conspicuous Leisure, Conspicuous Consumption, The Pecuniary Standard of Living, The Preconceptions of Economic Science, I–III: Overview, The Preconceptions of Economic Science., The Preconceptions of Economic Science., The Preconceptions of Economic Science., Industrial and Pecuniary Employments: Overview, Industrial and Pecuniary Employments., Excerpts from The Theory of Business Enterprise: Overview, Business Enterprise, Modern Business Capital, The Theory of Modern Welfare, The Cultural Incidence of the Machine Process, The Place of Science in Modern CivilizationOverview, The Place of Science in Modern Civilization

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Professor Clark’s Economics: Overview, Professor Clark’s Economics., The Socialist Economics of Karl Marx and his Followers, I-II: Overview, The Socialist Economics of Karl Marx and his Followers I.1, The Socialist Economics of Karl Marx and his Followers II.1, On the Nature of Capital, I-II: Overview, On the Nature of Capital I., On the Nature of Capital II, The Limitations of Marginal Utility: Overview, The Limitations of Marginal Utility, Excerpts from The Instinct of Workmanship: Overview, The Instinct of Workmanship: Introductory, Contamination of Instincts in Primitive Technology, Imperial Germany: Overview, Imperial Germany., On the Nature and Uses of Patriotism: Overview, On the Nature and Uses of Patriotism, Introductory: The Place of the University in Modern Life from The Higher Learning in America: Overview, The Higher Learning in America: I, II, III, IV, V, VI, The Captains of Finance and the Engineers: Overview, The Captains of Finance and the Engineers, Excerpts from Absentee Ownership and Business Enterprise in Recent TimesOverview, The New Order Of Business, The Larger Use of Credit

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Richard Theodore Ely: Richard Theodore Ely, The Social Theory of Private Property; or, Private Property a Social Trust: Overview, The Social Theory of Private Property, Recent Tendencies of Industrial Evolution: Overview, Recent Tendencies of Industrial Evolution, John Rogers CommonsJohn Rogers Commons, Political Economy and Law: Overview, Political Economy and Law, A Sociological View of Sovereignty: Overview, The American Journal of Sociology: Introduction., Institutions., Private Property., Coercion and Persuasion., Organization., Reflective Self-Consciousness., Sovereignty Coercion., Sovereignty Order., Is Class Conflict in America Growing and is it Inevitable?: Overview, Is Class Conflict in America Growing and is it Inevitable?, American Shoemakers 1648–1895: A Sketch of Industrial Evolution: Overview, American Shoemakers, 1648–1895: A Sketch of Industrial Evolution1: Summary, “The Company of Shoomakers,” Boston, 1648, The Society of Master Cordwainers, 1789, and The Federal Society of Journeymen Cordwainers, 1794, Philadelphia, The United Beneficial Society of Journeymen Cordwainers, Philadelphia, 1835, Knights of St. Crispin, 1868, Industrial Evolution in Europe and America. Organization and Legislation for Protection, Appendix I, Appendix II, The Basis of Labor Law With John B. Andrews: Overview, Principles of Labor Legislation: The Basis of Labor Law, Excerpts from Legal Foundations of Capitalism: Overview, Working Rules, Public Purpose: Concerns and Positions, Classification, The Working Rules of Going Concerns, Due Process of Thinking, Discretion, Law and Economics: Overview, Law and Economics, The Problem of Correlating Law, Economics and Ethics: Overview, The Problem Of Correlating Law Economics And Ethics*, Excerpts from Institutional Economics: Overview, Transactions and Concerns75: From Corporations to Going Concerns, From Exchange to Transactions, Reasonable Value: Veblen1, Sovereignty, Collective Action, Introduction to Volumes III and IV from History of Labor in the United States 1896–1932: Overview, Introduction to Volumes III and IV, The Place of Economics in Social Philosophy: Overview, The Place of Economics in Social Philosophy, Twentieth Century Economics: Overview, Twentieth Century Economics, Economic ActivityOverview, Economic ActivityIntroduction, Collective Action, Individual Action, Transactions, Capitalism

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Robert Franklin Hoxie: Robert Franklin Hoxie, On the Empirical Method of Economic Instruction: Overview, On the Empirical1 Method of Economic Instruction.: I., II., III., IV., V., The Demand and Supply Concepts: Overview, The Demand and Supply Concepts: An Introduction to the Study of Market Price, June 1906, The Demand and Supply Concepts: An Introduction to the Study of Market Price, July 1906, Historical Method vs. Historical Narrative: Overview, Notes, Sociology and the Other Social Sciences: A Rejoinder: Overview, Sociology and the Other Social Sciences: A Rejoinder1, The Trade-Union Point of View: Overview, The Trade-Union Point of View, Trade Unionism in the United States, I–II: Overview, Trade Unionism in the United States I, Trade Unionism in the United States II, Walton Hale HamiltonWalton Hale Hamilton, The Price-system and Social Policy: Overview, The Price-System and Social Policy: I, II, III, IV, V, The Place of Value Theory in Economics, I–II: Overview, The Place of Value Theory in Economics. I: I, II, III, IV, V, The Place of Value Theory in Economics. II: VI, VII, VIII, IX, The Institutional Approach to Economic Theory: Overview, The Institutional Approach to Economic Theory, Affectation with Public Interest: Overview, Affectation with Public Interest, Property – According to Locke: Overview, Property—According to Locke, The Entry for ‘Institution’ in Encyclopaedia of the Social Sciences: Overview, The Entry for ‘Institution’ in Encyclopaedia of the Social Sciences, Cost as a Standard for Price: Overview, Cost as a Standard for Price, Price – By Way of Litigation: Overview, Price—By Way of Litigation: I., II., III., IV., V., VI., VII., Excerpts from The Politics of IndustryOverview, Separation of State and Economy, Regulation and Counterrevolution

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Wesley Clair MitchellWesley Clair Mitchell, The Rationality of Economic Activity, I–II: Overview, The Rationality of Economic Activity I, The Rationality of Economic Activity II, The Backward Art of Spending Money: Overview, The Backward Art of Spending Money, The Wider Aspects of Business Cycles: Overview, The Wider Aspects of Business Cycles, The Role of Money in Economic Theory: Overview, The Role of Money in Economic Theory, Bentham’s Felicific Calculus: Overview, Political Science Quarterly, Quantitative Analysis in Economic Theory: Overview, Quantitative Analysis in Economic Theory1, Economic Organization and Business Cycles: Overview, Economic Organization and Business Cycles.: The Historical Connection Between Business Cycles and the Use of Money., The Modern Organization for Making Money., The System of Prices., The Monetary Mechanism., The Flow of Money Payments., The Guidance of Economic Activity., International Differences in Economic Organization., Conclusion., Intelligence and the Guidance of Economic Evolution: Overview, Intelligence and the Guidance of Economic Evolution, Working Plans With Arthur F. BurnsOverview, Working Plans

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