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A note on habit: Veblen and Dewey

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  • Araz, Bahar
  • Aydın, Derya Güler

Abstract

Thorstein B. Veblen is one of the most prominent economists, who emphasizes human nature and social reality. For Veblen, habit and institutions constitute crucial categories. However, there is a conflicting interpretation of habit in the institutionalist literature. While some claim that Veblen uses the notion of habit to indicate human dispositions, propensities, proclivities and even capacities, others argue that habit in Veblen is repeated action. This discussion is so crucial since it gives rise to the question of whether Veblen can be considered as a pragmatist

Suggested Citation

  • Araz, Bahar & Aydın, Derya Güler, 2021. "A note on habit: Veblen and Dewey," Economics Letters, Elsevier, vol. 198(C).
    • Handle: RePEc:eee:ecolet:v:198:y:2021:i:c:s016517652030402x
    DOI: 10.1016/j.econlet.2020.109642
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    References listed on IDEAS

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    1. Tony Lawson, 2015. "Process, order and stability in Veblen," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 39(4), pages 993-1030.
    2. G. Hodgson, 2007. "What Are Institutions?," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    3. John Latsis, 2010. "Veblen on the machine process and technological change," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(4), pages 601-615.
    4. William T. Waller, 1988. "The Concept of Habit in Economic Analysis," Journal of Economic Issues, Taylor & Francis Journals, vol. 22(1), pages 113-126, March.
    5. Hans E. Jensen, 1987. "The Theory of Human Nature," Journal of Economic Issues, Taylor & Francis Journals, vol. 21(3), pages 1039-1073, September.
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    More about this item

    Keywords

    Habit and institutions; Instinct; Veblen and Dewey;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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