This article revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann’s idiosyncratic (i.e., eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1) Lachmann held a sophisticated institutional position vis-a`-vis economics that anticipated developments in contemporary new institutional economics. (2) Lachmann’s sociological and economic reading of institutions offers insights for the problem of coordination.
Institutions as knowledge capital: Ludwig M. Lachmann’s interpretative institutionalism / N. J., Foss; Garzarelli, Giampaolo. - In: CAMBRIDGE JOURNAL OF ECONOMICS. - ISSN 0309-166X. - STAMPA. - 31:5(2007), pp. 789-804. [10.1093/cje/bem003]
Titolo: | Institutions as knowledge capital: Ludwig M. Lachmann’s interpretative institutionalism | |
Autori: | GARZARELLI, Giampaolo (Secondo) (Corresponding author) | |
Data di pubblicazione: | 2007 | |
Rivista: | ||
Citazione: | Institutions as knowledge capital: Ludwig M. Lachmann’s interpretative institutionalism / N. J., Foss; Garzarelli, Giampaolo. - In: CAMBRIDGE JOURNAL OF ECONOMICS. - ISSN 0309-166X. - STAMPA. - 31:5(2007), pp. 789-804. [10.1093/cje/bem003] | |
Handle: | http://hdl.handle.net/11573/443525 | |
Appartiene alla tipologia: | 01a Articolo in rivista |
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