Cultural economics and theory : the evolutionary economics of David Hamilton
Author(s)
Bibliographic Information
Cultural economics and theory : the evolutionary economics of David Hamilton
(Routledge advances in heterodox economics / edited by Frederic S. Lee, 11)
Routledge, 2010
Available at 16 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
David Hamilton is a leader in the American institutionalist school of heterodox economics that emerged after WWII. This volume includes 25 articles written by Hamilton over a period of nearly half a century. In these articles he examines the philosophical foundations and practical problems of economics. The result of this is a unique institutionalist view of how economies evolve and how economics itself has evolved with them. Hamilton applies insight gained from his study of culture to send the message that human actions situated in culture determine our economic situation.
David Hamilton has advanced heterodox economics by replacing intellectual concepts from orthodox economics that hinder us with concepts that help us. In particular, Hamilton has helped replace equilibrium with evolution, make-believe with reality, ideological distortion of government with practical use of government, the economy as a product of natural law with the economy as a product of human law and, last, he has helped us replace the entrepreneur as a hero with the entrepreneur as a real person.
These articles provide an alternative to the self-adjusting market. They provide an explanation of how the interaction of cultural patterns and technology determine the evolutionary path of the economic development of a nation. This is not a simple materialist depiction of economic history as some Marxists have advocated, instead Hamilton treats technology and culture as endogenous forces, embedded and inseparable from each other and therefore, economic development. This volume will be of most interest and value to professional economists and graduate students who are looking for an in-depth explanation of the origins and significance of institutional economics.
Table of Contents
Part 1: Economic Thought and Cultural Economics, 1. Veblen and Commons: A Case of Theoretical Convergence, 2. Hobson With a Keynesian Twist, 3. Keynes, Cooperation, and Economic Stability, 4. A Theory of the Social Origins of the Factors of Production, 5. Ceremonial Aspects of Corporate Organization, 6. The Entrepreneur as a Cultural Hero, 7. Why Is Institutional Economics Not Institutional?, 8. Drawing the Poverty Line at a Cultural Subsistence Level, 9. The Great Wheel of Wealth, Part 2: Structural Policy and Economic Theory, 10. Reciprocity, Productivity, and Poverty, 11. The Political Economy of Poverty, 12. The U.S. Economy: Disadvantages of Having Taken the Lead, 13. The Myth Is not the Reality: Income Maintenance and Welfare, 14. The Paper War on Poverty, 15. Welfare Reform in the Reagan Years, 16. What Has Evolutionary Economics to Contribute to Consumption Theory?, 17. Institutional Economics and Consumption, 18. Thorstein Veblen as the First Professor of Marketing Science, 19. On Staying for the Canoe Building, Or Why Ideology Is Not Enough, 20. Ceremonialism as the Dramatization of Prosaic Technology, 21. Economics: Science or Legend?, 22. The Cure May Be the Cancer, Section Four: Elements of Institutionalism, 23. Is Institutional Economics Really "Root and Branch" Economics?, 24. Rickshaws, Treadmills, Galley Slaves, and Chernobyl, 25. Technology and Institutions Are Neither
by "Nielsen BookData"