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The Struggle over the Soul of Economics : Institutionalist and Neoclassical Economists in America between the Wars / Yuval P. Yonay.

By: Material type: TextTextPublisher: Princeton, NJ : Princeton University Press, [1998]Copyright date: ©1998Edition: Course BookDescription: 1 online resource (320 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9780691034195
  • 9781400822522
Subject(s): DDC classification:
  • 330.1 330.973
LOC classification:
  • HB99.5.Y66 1998
Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- Contents -- Acknowledgments -- One. Introduction: A Sociological Interpretation Of The Modern History Of Economics -- Two. The Neoclassical Era (1870-1914) From A Different Angle -- Three. Reconstructing The History Of Institutionalism -- Four. The Struggle Over The Meaning Of Science -- Five. Bringing People And Institutions Back In: The Struggle Over The Scope Of Economics -- Six. The Free Market On Trial: The Struggle Over The Gap Between Reality And Theory -- Seven. The Struggle Over Social Relevance And The Place Of Values -- Eight. Evolution Or Revolution? The Struggle Over The History Of The Discipline -- Nine. Epilogue: The Fall Of Institutionalism And The Rise Of Modern Economics -- Ten. Conclusions: The Evolution Of Economic Analysis -- Notes -- Bibliography -- Index
Summary: This book provides a surprising answer to two puzzling questions that relate to the very "soul" of the professional study of economics in the late twentieth century. How did the discipline of economics come to be dominated by an approach that is heavily dependent on mathematically derived models? And what happened to other approaches to the discipline that were considered to be scientifically viable less than fifty years ago? Between the two world wars there were two well-accepted schools of thought in economics: the "neoclassical," which emerged in the last third of the nineteenth century, and the "institutionalist," which started with the works of Veblen and Commons at the end of the same century. Although the contributions of the institutionalists are nearly forgotten now, Yuval Yonay shows that their legacy lingers in the study and practice of economics today. By reconsidering their impact and by analyzing the conflicts that arose between neoclassicists and institutionalists, Yonay brings to life a hidden chapter in the history of economics.The author is a sociologist of science who brings a unique perspective to economic history. By utilizing the actor-network approach of Bruno Latour and Michel Callon, he arrives at a deeper understanding of the nature of the changes that took place in the practice of economics. His analysis also illuminates a broader set of issues concerning the nature of scientific practice and the forces behind changes in scientific knowledge.
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Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9781400822522

Frontmatter -- Contents -- Acknowledgments -- One. Introduction: A Sociological Interpretation Of The Modern History Of Economics -- Two. The Neoclassical Era (1870-1914) From A Different Angle -- Three. Reconstructing The History Of Institutionalism -- Four. The Struggle Over The Meaning Of Science -- Five. Bringing People And Institutions Back In: The Struggle Over The Scope Of Economics -- Six. The Free Market On Trial: The Struggle Over The Gap Between Reality And Theory -- Seven. The Struggle Over Social Relevance And The Place Of Values -- Eight. Evolution Or Revolution? The Struggle Over The History Of The Discipline -- Nine. Epilogue: The Fall Of Institutionalism And The Rise Of Modern Economics -- Ten. Conclusions: The Evolution Of Economic Analysis -- Notes -- Bibliography -- Index

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

This book provides a surprising answer to two puzzling questions that relate to the very "soul" of the professional study of economics in the late twentieth century. How did the discipline of economics come to be dominated by an approach that is heavily dependent on mathematically derived models? And what happened to other approaches to the discipline that were considered to be scientifically viable less than fifty years ago? Between the two world wars there were two well-accepted schools of thought in economics: the "neoclassical," which emerged in the last third of the nineteenth century, and the "institutionalist," which started with the works of Veblen and Commons at the end of the same century. Although the contributions of the institutionalists are nearly forgotten now, Yuval Yonay shows that their legacy lingers in the study and practice of economics today. By reconsidering their impact and by analyzing the conflicts that arose between neoclassicists and institutionalists, Yonay brings to life a hidden chapter in the history of economics.The author is a sociologist of science who brings a unique perspective to economic history. By utilizing the actor-network approach of Bruno Latour and Michel Callon, he arrives at a deeper understanding of the nature of the changes that took place in the practice of economics. His analysis also illuminates a broader set of issues concerning the nature of scientific practice and the forces behind changes in scientific knowledge.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)