The Emergence and Evolution of Institutions: The Complementary Approaches of Carl Menger and Thorstein Veblen

This paper is an attempt to compare Carl Menger and Thorstein Veblen,’s conceptions of institutions. It is shown that although Menger stresses on the emergence of institutions, Veblen is much aware of analyzing their evolution. On this basis the idea of a dialogue between the two authors is propose and its characteristics are presented.

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Year of publication:	2008-06
Authors:	Garrouste, Pierre
Institutions:	International Centre for Economic Research (ICER)
Subject:	Menger \| Veblen \| institutions \| evolution \| emergence

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Extent:	application/pdf
Series:	ICER Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	38 pages
Classification:	B13 - Neoclassical through 1925 ; B15 - Historical; Institutional ; D02 - Institutions: Design, Formation, and Operations
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005012197