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Princeton University Press, 41 William Street,
Princeton, New Jersey 08540
ISBN 0-691-03419-2
Copyright C 1998 by Princeton University Press
Book Description,
This book analyzes a struggle between two schools of economics in the period between the world wars. The two schools are the neoclassical school, which emerged at the last third of the nineteenth century, and the institutionalist one,1 which had started with the works of Veblen and Commons at the end of the nineteenth century and had enjoyed a short period of prosperity in the interwar period before rapidly declining after the Second World War. Current historians of economic thought usually ignore the institutionalists or consider their movement to be an ephemeral and inconsequential episode in the history of economics. My story, however, reveals that the rise of the institutionalist school was an important chapter in the history of economics and has had lingering effects on the practice of economics to the present.
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This book analyzes a struggle between two schools of economics in the period between the world wars. The two schools are the neoclassical school, which emerged at the last third of the nineteenth century, and the institutionalist one,1 which had started with the works of Veblen and Commons at the end of the nineteenth century and had enjoyed a short period of prosperity in the interwar period before rapidly declining after the Second World War. Current historians of economic thought usually ignore the institutionalists or consider their movement to be an ephemeral and inconsequential episode in the history of economics. My story, however, reveals that the rise of the institutionalist school was an important chapter in the history of economics and has had lingering effects on the practice of economics to the present.
DOWNLOAD HERE
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