Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64456
Authors: 
Year of Publication: 
2011
Series/Report no.: 
Working Paper No. 2011-07
Publisher: 
The University of Utah, Department of Economics, Salt Lake City, UT
Abstract: 
The term 'Institutional Economics' has been applied to some of capitalism's strongest critics as well as its most ardent apologists. This paradox in terms has bred contradictory literature in development economics, some declaring the death of this line of thought while others herald its resurgence. In examining the roots of Institutional economics, this paper attempts to disentangle the ambiguity surrounding this label. The Institutional Political Economy of Ha-Joon Chang will then be examined as a return to Institutionalism's radical roots in development economics. Concluding remarks suggest that this approach is capable of encompassing gender as an analytical category, an extension that would improve the ability of policy makers to assess the impacts of macroeconomic policy.
Subjects: 
History of Economic Thought
Veblen
Institutionalism
Methodology
JEL: 
B00
B15
B25
B40
Document Type: 
Working Paper

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