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Warren Samuels on Economic Analysis, Institutional Theory and Ideology

Marcho Markov ()
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Marcho Markov: University of National and World Economy, Sofia, Bulgaria

Economic Alternatives, 2013, issue 4, 5-14

Abstract: The article considers the views of the world famous American economist and historian of economic thought Warren Samuels on three key issues – economic analysis, institutional theory, and ideology. According to him, realistic economic theory must include social changes, social control, collective actions, technology, process of industrialization, and market as institutional complex - not as abstract mechanism. Samuels generalizes basic methodological principles, most important theses, and approach in studying History of Economic Thought by institutionalists. Thereby a set of important relationships between economic analysis and ideology is derived.

Keywords: economic analysis; theory of institutionalism; ideology; methodological principles of institutionalism (search for similar items in EconPapers)
JEL-codes: B31 B52 (search for similar items in EconPapers)
Date: 2013
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