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Veblen and Hayek on Instincts and Evolution

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  • Leathers, Charles G.

Abstract

In his 1898 article Why is Economics Not An Evolutionary Science ,Thorstein Veblen criticized the Austrian School (as represented by Carl Menger) for being unable to break with the classical tradition that economics is a taxonomic science(Veblen 1898, p. 73). The Austrian failure was attributed to a "faulty conception of human nature (ibid.).

Suggested Citation

  • Leathers, Charles G., 1990. "Veblen and Hayek on Instincts and Evolution," Journal of the History of Economic Thought, Cambridge University Press, vol. 12(2), pages 162-178, October.
    • Handle: RePEc:cup:jhisec:v:12:y:1990:i:02:p:162-178_00
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    Cited by:

    1. Sabato Vinci & Anna Maria Biscotti & Eugenio D?Amico, 2022. "I sistemi di management control nella sanit? pubblica italiana: dalle strutture verticali ai processi orizzontali," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(1), pages 103-119.
    2. Geoffrey M. Hodgson, 2000. "La ubicuidad de los hábitos y las reglas," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 2(3), pages 11-43, July-dece.
    3. Angela Ambrosino, 2017. "The Role of Agents’ Propensity toward Conformity and Independence in the Process of Institutional Change," STOREPapers 1_2017, Associazione Italiana per la Storia dell'Economia Politica - StorEP.
    4. Philippe DULBECCO & DUTRAIVE, 1997. "The Meaning of Market : Comparing Austrian and Institutional Economics," Working Papers 199713, CERDI.

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