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- Title
Evolutionary Economics I: Foundations of Institutionalist Thought.
- Authors
Greenwood, Daphne T.
- Abstract
The bringing together of a comprehensive set of papers concerning what institutionalism purports to be now and to have been in the past is an effort for which the editors of the "Journal of Economic Issues," are to be highly commended. A student of economic thought could well benefit from a serious study of these articles, whether to be introduced to or to reflect upon the body of economic thought called "institutionalism." Unfortunately, however, they are consistent with the tradition in institutionalist thought of ignoring gender and family relationships as important economic variables, and of ignoring the differential roles of men and women in the economy. Economist Thorstein Veblen was far ahead of his contemporaries in the field of economics in his treatment of gender issues. He recognized them not as special issues dealing with the "minority" of women, which is actually a numerical majority, but as issues whose explication sheds light on many aspects of economic relationships, including value theory. Thus, it is particularly ironic that modern institutionalism lags behind the mainstream of the economics profession in addressing issues of gender.
- Subjects
ECONOMICS; EVOLUTIONARY economics; JOURNAL of Economic Issues (Periodical); MARKETS; GENDER; INSTITUTIONAL economics; VEBLEN, Thorstein, 1857-1929; ECONOMISTS
- Publication
Journal of Economic Issues (Association for Evolutionary Economics), 1988, Vol 22, Issue 1, p249
- ISSN
0021-3624
- Publication type
Article
- DOI
10.1080/00213624.1988.11504746