Strategic Theory

Graeme Snooks

Chapter 5 in Longrun Dynamics, 2000, pp 67-77 from Palgrave Macmillan

Abstract: Abstract Strategic theory makes a new beginning in the social sciences generally and economics in particular. It is the first modern theory of longrun dynamics arrived at through induction. There have been earlier attempts to derive economic generalizations using the ‘historical method’ but none has succeeded. This was not, it will be argued, due to the hopelessness of the task but to a fundamental flaw in research design and to an unfavourable environment. In this chapter we will briefly review those conditions and suggest how a new beginning can be made.

Keywords: Institutional Change; Social Dynamic; Dynamic Form; Historical Method; Deductive Method (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59939-0_5

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DOI: 10.1057/9780230599390_5

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