The search for psychological content or support for economic decision-making is a subject that is contemporaneously stressed. Considering Keynesian and Post-Keynesian economics, it is possible to perceive several approaches that reclaim behavioral economics as a psychological support for...

Studies on the history of economic thought of American institutionalism usually focus on the founding fathers, or pre-1930s institutionalism. The decline in importance of this school of thought during the 1930s resulted in few post-World War II studies on the history of institutionalism....

Thorstein Veblen, a founder of original or old institutional economics, combined social and evolutionary thought in his institutionalist approach to dealing with psychological, social, and economic issues. The psychological content of Veblen's writings takes instinct and habits into...

Edith Penrose’s The theory of the growth of the firm has offered key ingredients to an evolutionary approach to the growth of the firm. The entrepreneur enlivened by Edith Penrose in that book is revisited here, considering the role played by institutions in his decision-making. It is argued...