How Economics Forgot History

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A01=Geoffrey M Hodgson
Alan Kirman
Alfred Whitehead
Author_Geoffrey M Hodgson
British Historical School
Category=KCA
Category=KCZ
comparative economic systems
economic historiography
Economic Journal
economic methodology critique
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
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General Equilibrium Theory
General Theory
german
German Historical School
gustav
Gustav Von
Gustav Von Schmoller
historical
Historical School
historical specificity in economics
Ideal Type
institutional economics
JOHN COMMONS
Keynes
Marginal Revolution
methodological pluralism
OLDER HISTORICAL SCHOOL
Organicist Ontology
Provisioning Institution
R Y
S T O R Y
schmoller
school
social theory evolution
Socio-economic Evolution
Socio-economic Systems
Socioeconomic System
sombart
thorstein
Timeless
veblen
Violated
von
werner

Product details

  • ISBN 9780415257176
  • Weight: 820g
  • Dimensions: 156 x 234mm
  • Publication Date: 23 Aug 2001
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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In arguably his most important book to date, Hodgson calls into question the tendency of economic method to try and explain all economic phenomena by using the same catch-all theories and dealing in universal truths. He argues that you need different theories to analyze different economic phenomena and systems and that historical context must be taken into account. Hodgson argues that the German Historical School was key in laying the foundations for the work of the pioneer institutional economists, who themselves are gaining currency today; and that the growing interest in this school of thought is contributing to a more complete understanding of socio-economic theory.

Geoffrey M. Hodgson is a Research Professor in Business Studies at the University of Hertfordshire. He has published widely in the academic journals and his previous books include Economics and Utopia (Routledge, 1999)

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