Towards a History of American Institutional Economics

Malcolm Rutherford

Journal of Economic Issues, 2009, vol. 43, issue 2, 308-318

Abstract: This paper focuses on a number of issues that have arisen in my efforts to deal with the history of American institutional economics in the interwar period. The specific issues addressed here are (1) the choice of time frame; (2) the definition of institutionalism in terms of its commonly held ideas; (3) the treatment of the network of personal contacts that make up the institutional movement; (4) the treatment of certain institutional and cross-disciplinary connections and supports; and (5) the variety of reasons lying behind the relative decline in the position of institutional economics after World War II. Each of these issues is discussed in light of historical material and examples and with a view to detailing the specific challenges and possible solutions involved.

Date: 2009
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DOI: 10.2753/JEI0021-3624430203

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