To institutionalists, the important "institutions" of economic life include customs, habits, morals, and laws. These are believed to be more important in shaping economic life than are marketplace principles. Institutionalists emphasize a historical interpretation of social life, asserting that economic generalizations should be relevant to time and place. Institutionalist ideas greatly influenced economic policies that were created in response to the Great Depression.
Cosa pensano gli ascoltatori di Thorstein Veblen and Institutionalism
- Pete K.
a terrible book
What would have made Thorstein Veblen and Institutionalism better?
The script is terrible, and made worse by the goofy narration. Every time Veblen is quoted the narrator assumes a bad Norwegian accent.
What was most disappointing about Dr. William Peterson’s story?
This book is about Peterson's dislike of Veblen; it is not about Veblen's ideas. It is not a critical analysis, but a character assassination.
4 people found this helpful
Good intro to Veblen
Well-researched, delivery is solid, a few genuinely funny quips, good insight into what to read next.