Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics

Veblen was one of the most famous founding fathers of institutionalism who, with his pioneering studies, revolutionized economics in all its intellectual and philosophical traditions of the late nineteenth and early twentieth century. His scientific works were so influential that there are still a l...

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Main Author: Mahmoud Mashhadi-ahmad
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2014-03-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_144_dbb2e0fa21ddd66c70f83d146c68a4b1.pdf
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author Mahmoud Mashhadi-ahmad
author_facet Mahmoud Mashhadi-ahmad
author_sort Mahmoud Mashhadi-ahmad
collection DOAJ
description Veblen was one of the most famous founding fathers of institutionalism who, with his pioneering studies, revolutionized economics in all its intellectual and philosophical traditions of the late nineteenth and early twentieth century. His scientific works were so influential that there are still a lot of endeavors to find out his viewpoints. Considering the unparalleled role of him in the development of institutional economics, this paper will specifically study different aspects of his ideas and thoughts. In fact, the important point is that what are the main theories and ideas of this great savant? What aspects of conventional economics were insufficient that encouraged him to build a school with the name of institutional economics? What was his methodological approach to economics? What kind of transformations this approach has created in the scope of economic knowledge? Veblen's unique vision makes such questions regarding his thoughts as considerable important ones. For, in the history of economic thought, his attack to epistemological and methodological foundations of conventional economics is one of the most serious ones. In this context, this paper will address the above questions, and scrutinize a few aspects of his important achievements and will represent some of the epistemological, methodological and theoretical innovations of his works.
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spelling doaj.art-5aaf6230863a401db6c5cd0cca7d488a2023-12-26T07:58:28ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532014-03-01145212287144Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of EconomicsMahmoud Mashhadi-ahmad0استادیار، دانشکده اقتصاد دانشگاه تهرانVeblen was one of the most famous founding fathers of institutionalism who, with his pioneering studies, revolutionized economics in all its intellectual and philosophical traditions of the late nineteenth and early twentieth century. His scientific works were so influential that there are still a lot of endeavors to find out his viewpoints. Considering the unparalleled role of him in the development of institutional economics, this paper will specifically study different aspects of his ideas and thoughts. In fact, the important point is that what are the main theories and ideas of this great savant? What aspects of conventional economics were insufficient that encouraged him to build a school with the name of institutional economics? What was his methodological approach to economics? What kind of transformations this approach has created in the scope of economic knowledge? Veblen's unique vision makes such questions regarding his thoughts as considerable important ones. For, in the history of economic thought, his attack to epistemological and methodological foundations of conventional economics is one of the most serious ones. In this context, this paper will address the above questions, and scrutinize a few aspects of his important achievements and will represent some of the epistemological, methodological and theoretical innovations of his works.https://joer.atu.ac.ir/article_144_dbb2e0fa21ddd66c70f83d146c68a4b1.pdfvebleninstitutional economicsmethodologyepistemologyconventional economicscumulative causation
spellingShingle Mahmoud Mashhadi-ahmad
Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
veblen
institutional economics
methodology
epistemology
conventional economics
cumulative causation
title Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics
title_full Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics
title_fullStr Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics
title_full_unstemmed Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics
title_short Veblen's Institutionalism A Challenge Against Methodological and Theoretical Foundations of Economics
title_sort veblen s institutionalism a challenge against methodological and theoretical foundations of economics
topic veblen
institutional economics
methodology
epistemology
conventional economics
cumulative causation
url https://joer.atu.ac.ir/article_144_dbb2e0fa21ddd66c70f83d146c68a4b1.pdf
work_keys_str_mv AT mahmoudmashhadiahmad veblensinstitutionalismachallengeagainstmethodologicalandtheoreticalfoundationsofeconomics