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How economics forgot history : the problem of historical specificity in social science

Author: Geoffrey Martin Hodgson
Publisher: New York : Routledge, 2001.
Series: Economics as social theory.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
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Hodgson calls into question the tendency of economic method to explain all economic phenomena using the same catch-all theories. He argues that you need different theories and that historical  Read more...

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Document Type: Book
All Authors / Contributors: Geoffrey Martin Hodgson
ISBN: 0415257166 9780415257169 0415257174 9780415257176
OCLC Number: 317802014
Description: xix, 422 pages.
Contents: Part I Introduction: the limitations of general theory; the problem of historical specificity. Part II The nineteenth century: the German historical school and its impact; Karl Marx and the specificity of the capitalist system; the older historical school in Germany; the historical school in the British Isles; the methodological failure of the older historical school; out of Austria - Carl Menger and the methodenstreit; Alfred Marshall and the British methodendiskurs; the responses of the younger historical school in Germany. Part III The twentieth century: from American institutionalism to the end of history; Thorstein Veblen and the foundations of institutionalism; early American institutionalism and the problem of historical specificity; the theoretical manifesto of John Commons; Talcott Parsons and the ascent of ahistorical sociology; death and counter-revolution at the London School of Economics; John Maynard Keynes and his declaration of a general theory; the triumph of barren universality; institution blindness and the end of history. Part IV The millennium: the second coming of history? are there universals in social and economic theory; property, culture, habits and institutions; exchange and production - property and firms; a note on social formations and levels of abstraction; an evolutionary perspective on the historical problem; invention is helpless without tradition.
Series Title: Economics as social theory.
Responsibility: Geoffrey M. Hodgson.
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'I tremendously enjoyed reading this book. Geoffrey Hodgson ... tells a fascinating tale of how economics and social science more generally became abstract and formalistic sciences with little Read more...

 
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