Simon Patten's Contributions to the Institutionalist View of Abundance

Robert LaJeunesse

Journal of Economic Issues, 2010, vol. 44, issue 4, 1029-1044

Abstract: This article highlights Simon Patten's contributions to the institutionalist method and view of abundance. It illustrates Patten's role in the cross-fertilization between early institutionalists and the German Historicists. Patten's views on the societal transition to abundance, the method of social inquiry, and the role of social scientists are re-examined in light of the current exigencies of a climate-constrained, post-industrial economy. The policy implications that emerge from Patten's rejection of the presumption of scarcity are examined in a contemporary context. The article suggests that the historical and evolutionary approach that Patten fostered among institutionalists is essential to the identification and implementation of the socio-economic reform requisite of an age of abundance.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jeciss:v:44:y:2010:i:4:p:1029-1044

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DOI: 10.2753/JEI0021-3624440409

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