Books by Author Geoffrey M. Hodgson

by Geoffrey M. Hodgson
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6 books
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Economics and Institutions

A Manifesto for a Modern Institutional Economics
Geoffrey M. Hodgson, 1991
Although outdated in some respects, this book was my first attempt to bring the original institutional economics to the attention of contemporary economists and other social scientists. It is still relevant and continues to be highly cited.

The Economics of Institutions

Geoffrey M. Hodgson, 1993
This is a collection of key essays in the field of both the original and new institutional economics. It covers topics such as institutions, knowledge and uncertainty, institutional change and economic growth, and markets and firms as institutions. If you teach institutional analysis, then get this for your library.

How Economics Forgot History

The Problem of Historical Specificity in Social Science
Geoffrey Martin Hodgson, 2001
This is the first book in my two-volume examination of the background, rise and development of the original American institutional economics. Among others, it considers the role of the German historical school, who argued that economic analysis should take the historical specificity of institutional and cultural circumstances into account. By contrast, mainstream economics became seduced by abstract theories based on ahistorical generalities.

The Evolution of Institutional Economics

Agency, Structure, and Darwinism in American Institutionalism
Geoffrey Martin Hodgson, 2004
My second and final volume on the original American institutional economics looks at its evolution and prestige in the first half of the twentieth century, and in particular its use of evolutionary ideas. It provides an explanation of how this school fell from a its peak influence in the 1930s and argues for a rehabilitation of the evolutionary ideas of Thorstein Veblen.

Conceptualizing Capitalism

Institutions, Evolution, Future
Geoffrey M. Hodgson, 2016
This book uses institutional concepts to understand the nature of capitalism. It considers key capitalist institutions including property, markets, the state, wage labor, and money and finance. It develops a perspective – described as legal institutionalism – where the role of law is central. The final part of the book discusses the prospects for capitalism in the twenty-first century.

The Wealth of a Nation

Institutional Foundations of English Capitalism
Geoffrey M. Hodgson, 2023
This volume is an economic history of the rise of English capitalism, using the approach described as legal institutionalism. It focuses on the evolution of the legal and other foundations of English financial institutions. Its particular institutional approach is compared with other explanations of this crucial period of world history, which began a global transformation in living standards and human longevity.