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- Title
Notes and Communications.
- Abstract
The author offers notes regarding Geoffrey M. Hodgson's theories concerning the definition of "institutions" in the article "What Are Institutions." Hodgson defines institutions in the article as not just established social rules, but systems of social rules. It is the author's contention that Hodgson's definition is understood best within the context of critical realism expressed in the ontological movement in social theory. Hodgson's article is discussed in detail in regards to that argument, with insight into the comparative and contrasting works of other economic theorists, including John Dewey and Thorstein Veblen.
- Subjects
HODGSON, Geoffrey Martin, 1946-; CRITICAL realism; SOCIAL theory; ONTOLOGY; DEWEY, John, 1859-1952; VEBLEN, Thorstein, 1857-1929; ECONOMICS
- Publication
Journal of Economic Issues (Association for Evolutionary Economics), 2006, Vol 40, Issue 4, p1153
- ISSN
0021-3624
- Publication type
Essay