Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Value Theory and Economic Progress: The Institutional Economics of J. Fagg Foster: The Institutional Economics of J.Fagg Foster

Value Theory and Economic Progress: The Institutional Economics of J. Fagg Foster: The Institutional Economics of J.Fagg Foster

Tool, Marc R.

Paperback

Economics

ISBN10: 9401057672
ISBN13: 9789401057677
Publisher: Springer
Published: Oct 4 2012
Pages: 231
Weight: 0.78
Height: 0.52 Width: 6.14 Depth: 9.21
Language: English
J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught in the American intellectual tradition of Thorstein Weblen, John R. Commons, John Dewey and Clarence E. Ayres. This tradition shares purpose and philosophy with the European contributors, Gunnar Myrdal and K. William Kapp.
Because little of Foster's scholarly work was formally published, professional knowledge of his extraordinary contribution is quite limited beyond the circle of his students and colleagues. Value Theory and Economic Progress attempts to correct that deficiency by providing an extended characterization of this missing and crucial component of the development of American heterodox economic thought. Its purpose is to demonstrate the timely relevance and significance of this model of inquiry in political economy. In addition, this volume explains that contemporary problem solving means changing what is' into what ought to be' through institutional adjustments; such a demonstration is at the heart of Foster's contribution to institutional thought.

1 different editions

Also available

Also in

Economics

View All