STANFIELD, JAMES RONALD; WRENN, MARY - In: Journal of Post Keynesian Economics 28 (2005) 1, pp. 26-45
Thorstein Veblen is the acknowledged founder of the original (old) institutional economics (OIE). Later contributors include John R. Commons, Clarence Ayres, Walton Hamilton, Rexford Tugwell, and, it is argued, John Kenneth Galbraith. Galbraith's insistence that economics address the social...