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Articles in Books



87. ‘The Building of the Foundations of Institutional Economics: Evolution, Emergence and Selection in the Early History of Institutionalism’ in K. Nielsen and C. A. Koch (eds) Institutionalism in Economics and Sociology – Variety, Dialogue and Future Challenges, (Cheltenham UK and Northampton MA: Edward Elgar) (forthcoming).

86. ‘Epilogue’ in K. Nielsen and C. A. Koch (eds) Institutionalism in Economics and Sociology – Variety, Dialogue and Future Challenges (Cheltenham UK and Northampton MA: Edward Elgar) (forthcoming).


85. ‘Helping the Homeless: Reflections on Editing Journals Outside the Mainstream’, in Michael Szenberg and Lall Ramrattan (eds) (2014) Secrets of Economics Editors (Camabridge MA: MIT Press), pp. 283-96.

84. ‘Which Way for Economics After the Crisis? Marxism versus New-Old Institutionalism’, in Sebastiano Fadda and Pasquale Tridico (eds) (2014) Institutions and Development After the Financial Crisis (London and New York: Routledge), pp. 61-82. .


83. ‘Dr Blaug’s Diagnosis: Is Economics Sick?’ in Marcel Boumans and Matthias Klaes (eds) (2013) Mark Blaug: Rebel with Many Causes (Cheltenham UK and Northampton MA: Edward Elgar), pp. 78-97.

82. ‘Organizational Adaptation and Evolution: Darwinism versus Lamarckism?’ in Anna Grandori (ed.) (2013) Handbook of Economic Organization: Integrating Economic and Organization Theory (Cheltenham UK and Northampton MA: Edward Elgar), pp. 157-71.


81. ‘Institutional/Evolutionary Economics and Environmental Policy’, in Marletto, Gerardo (ed.) Creating a Sustainable Economy: An Institutional and Evolutionary Approach to Environmental Policy (London and New York: Routledge), pp. 92-114. ISBN 978-0-415-61076-6.

80. ‘Thorstein Veblen: The Father of Evolutionary and Institutional Economics’, in Erik S. Reinert and Francesca Lidia Viano (eds) (2012) Thorstein Veblen: Economics for an Age of Crises (Anthem), pp. 283-95.

79. ‘From Utilitarianism to Evolution in Ecological Economics’, in Julien-François Gerber and Rolf Sreppacher (eds) (2012) Toward an Integrated Paradigm for Heterodox Economics (London: Palgrave Macmillan), pp. 147-67..


78. ‘Albert Schäffle’s Critique of Socialism’, in John Vint, J. Stanley Metcalfe, Heinz D. Kurz, Neri Salvadori and Paul A. Samuelson (eds) (2010), Economic Theory and Economic Thought: Essays in Honour of Ian Steedman (London and New York: Routledge), pp. 296-315.


77. ‘Que’est-ce-qu’ne firme?’, in Bernard Baudry and Benjamin Dubrion (eds) (2009) Analyses et transformations de la firme (Paris : La Découverte), pp. 21-40.

76. ‘The Nature and Replication of Routines’, in Markus C. Becker and Nathalie Lazaric (eds) (2009) Organizational Routines: Advancing Empirical Research (Cheltenham: Edward Elgar), pp. 26-44.


75. ‘The Emergence of the Idea of Institutions as Repositories of Knowledge’, in Ebner, Alexander and Beck, Nikolaus (eds) (2008) The Institutions of the Market: Organizations, Social Systems, and Governance (Oxford: Oxford University Press), pp. 23-39.

74. (with Thorbjørn Knudsen) ‘The Complex Evolution of a Simple Traffic Convention: the Functions and Implications of Habit’, in János Kornai, Lásló Mátyás and Gérard Roland (eds) (2008) Institutional Change and Economic Behaviour (Basingstoke and New York: Palgrave Macmillan for International Economic Association), pp. 178-99.

73. ‘Marshall, Schumpeter and the Shifting Boundaries of Economics and Sociology’, in Yuichi Shionoya and Tamotsu Nishizawa (eds) (2008) Marshall and Schumpeter on Evolution: Economic Sociology of Capitalist Development (Cheltenham UK and Northampton MA: Edward Elgar), pp. 93-115.

72. ‘Fifteen Years of Economic Transition’, in Schönbäck, Wilfred, Blaas, Wolfgang and Bröthhaler, Johann (eds) (2008) Sozioökonomie als multidisziplinärer Forschungsansatz: Eine Gedenkschrift für Egon Matzner (New York and Vienna: Springer), pp. 89-95.


71. ‘The Enforcement of Contracts and Property Rights: Constitutive versus Epiphenomenal Conceptions of Law’ in Harvey, Mark, Ramoglan, Ronnie and Randles, Sally (2007) Karl Polanyi: New Perspectives on the Place of the Economy in Society (Manchester and New York: Manchester University Press), pp. 58-77.

70. ‘Some Myths of Veblenian Institutionalism’, in Janet T. Knoedler, Robert E. Prasch and Dell P. Champlin (eds) (2007) Thorstein Veblen and the Revival of Free Market Capitalism (Cheltenham UK and Northampton MA: Edward Elgar), pp. 127-47.

69. ‘The Problem of Historical Specificity’, in Stavros Ioannides and Klaus Nielsen (eds) (2007) Economics and the Social Sciences: Boundaries, Interaction and Integration (Cheltenham UK and Northampton MA: Edward Elgar), pp. 112-38.


68. ‘Institutional Economics and the Analysis of Work’, in Marek Korczynski, Randy Hodson and Paul Edwards (eds) (2006) Social Theory at Work (Oxford: Oxford University Press), pp. 208-32.


67. ‘Decomposition and Growth: Biological Metaphors in Economics from the 1880s to the 1980s’, in Kurt Dopfer (ed.) (2005), The Evolutionary Foundations of Economics (Cambridge: Cambridge University Press), pp. 105-48.

66. ‘Institutions and Economic Development: Constraining, Enabling and Reconstituting’ in Gary Dymski and Silvana De Paula (eds) (2005) Reimagining Growth: Towards a Renewal of Development Theory (London and New York: Zed Books), pp. 85-98.


65. ‘Can Economics Start from the Individual Alone?’ in Fullbrook, Edward (ed.) (2004) A Guide to What’s Wrong With Economics (London: Anthem), pp. 57-67.

64. ‘Darwinian Evolutionary Economics and the Concept of the Routine’, in Marco Lehmann-Waffenschmidt, Alexander Ebner, and Dirk Fornahl (eds) (2004) Institutioneller Wandel, Marktpozesse und dynamische Wirtschaftspolitik (Marburg: Metropolis), pp. 53-77.

63. ‘Thorstein Veblen and the Machine Process’, in Argyrous, George, Forstater, Mathew and Mongiovi, Gary (eds) (2004) Growth, Distribution and Effective Demand: Essays in Honor of Edward J. Nell, (Armonk, NY: M. E. Sharpe), pp. 261-78.


62. ‘How Did Economics Get into Such a State?’ in Fullbrook, Edward (ed.) (2003) The Crisis in Economics: The Post-Autistic Movement: The First 600 Days (London and New York: Routledge), pp. 143-6.


61. ‘Institutional Blindness in Modern Economics’, in J. Rogers Hollingsworth, Karl H. Müller and Ellen Jane Hollingsworth (eds) (2002) Advancing Socio-Economics: An Institutionalist Perspective (Lanham, MD: Rowman and Littlefield), pp. 147-70.

60. ‘Institutional Economics and the Problem of Historical Specificity’ for Heino H. Nau (ed.) (2002) The Historicity of Economics: Continuities and Discontinuities of Historical Thought in 19th and 20th Century Economics (Berlin: Springer), pp. 92-125.

59. ‘Reconstitutive Downward Causation: Social Structure and the Development of Individual Agency’ in Fullbrook, Edward (ed.) (2002) Intersubjectivity in Economics: Agents and Structures (London and New York: Routledge), pp. 159-180.

58. ‘General Theorising versus Historical Specificity: A Problem for Post-Keynesians’, in Arestis, Philip, Desai, Meghnad and Dow, Sheila (eds) (2002) Methodology, Microeconomics and Keynes: Essays in Honour of Victoria Chick, Volume Two (London and New York: Routledge), pp. 51-61.


57. ‘How Can Evolutionary Economics Evolve?’, in Aruka, Y. (ed.) (2001) Evolutionary Controversies in Economics: A New Transdisciplinary Approach, Springer, Tokyo, pp. 23-40.

56. ‘The Evolution of Capitalism from the Perspective of Institutional and Evolutionary Economics’, in Hodgson, Geoffrey M., Itoh, Makoto and Yokokawa, Nobuharu (eds) (2001) Capitalism in Evolution: Global Contentions – East and West, Cheltenham: Edward Elgar, pp. 63-82.

55. ‘Is Social Evolution Lamarckian or Darwinian?’ in Laurent, John and Nightingale, John (eds) (2001) Darwinism and Evolutionary Economics,Cheltenham: Edward Elgar, pp. 87-118.

54. ‘Frank Knight as an Institutional Economist’, in Jeff E. Biddle, John B. Davis and Steven G. Medema (eds) (2001), Economics Broadly Considered: Essays in Honor of Warren J. Samuels, London and New York: Routledge, pp. 64-93.

53. ‘From Veblen to Galbraith: What is the Essence of Institutional Economics?’ in Michael Keaney (ed.) (2001) Economist with a Public Purpose: Essays in Honour of John Kenneth Galbraith, London and New York: Routledge, pp. 95-114.


52. ‘From Micro to Macro: The Concept of Emergence and the Role of Institutions’, in Burlamaqui, Leonardo, Castro, Ana Célia and Chang, Ha-Joon (eds) (2000) Institutions and the Role of the State, Cheltenham: Edward Elgar, pp. 103-26.

51. ‘Socio-Economic Consequences of the Advance of Complexity and Knowledge’, in Organisation for Economic Co-operation and Development (2000) The Creative Society of the 21st Century, OECD: Paris, pp. 89-112. (Also in German and French editions.)

50. ‘Shackle and Institutional Economics: Some Bridges and Barriers’, in P. E. Earl and S. F. Frowen (eds) (2000) Economics as an Art of Thought: Essays in Memory of G. L. S. Shackle, Routledge, London, pp. 51-75.


49. ‘Post Keynesianism and Institutionalism: Another Look at the Link’, in M. Setterfield (ed.) (1999) Growth, Employment and Inflation: Essays in Honour of John Cornwall, Macmillan: London, pp. 72-87.

48. ‘The Evolution of Capitalism from the Perspective of Institutional and Evolutionary Economics’, in N. Yokokawa, M. Noguchi and M. Itoh (eds) (1998) Capitalism in Evolution, Tokyo(in Japanese).


47. ‘Some Possible Differences Between American and European Institutionalism’, in D. James and J. Mogab (eds) (1998) Technology, Innovation, and Industrial Economics: Institutionalist Perspectives, Boston, Kluwer, pp. 127-46.

46. ‘Veblen’s Theory of the Leisure Class and the Genesis of Evolutionary Economics’, in Warren J. Samuels (ed.) (1998) The Founding of Evolutionary Economics (London: Routledge), pp. 170-200.

45. ‘Dichotimizing the Dichotomy: Veblen versus Ayres’ in S. Fayazmanesh and M. Tool (eds) (1998) Institutionalist Method and Value, Cheltenham: Edward Elgar, pp. 48-73.

44. ‘Varieties of Capitalism and Varieties of Economic Theory’, in K. Nielsen and B. Johnson (eds) Institutions and Economic Change: New Perspectives on Markets, Firms and Technology, Edward Elgar, Cheltenham, 1998, pp. 215-42.

43. ‘The Coasean Tangle: The Nature of the Firm and the Problem of Historical Specificity’, in S. G. Medema (ed.) (1998), Coasean Economics: Law and Economics and the New Institutional Economics, Kluwer: Boston, pp. 23-49.


42. ‘The Viability of Institutional Economics’ (in Russian), in Evolutionary Economics on the Eve of the 21st Century, Moscow: Centre for Evolutionary Economics, 1997.

41. ‘Economics and Evolution and the Evolution of Economics’, in J. Reijnders (ed.) Economics and Evolution, Cheltenham, Edward Elgar, 1997, pp. 9-40.

40. ‘Biology and Economics’in P. Weingart, S. D. Mitchell, P. J. Richerson and S. Maasen (eds), Human By Nature: Between Biology and the Social Sciences, Lawrence Erlbaum Associates, Mahwah, NJ, 1997, pp. 47-51.

39. ‘Institutionalismus: Nationale Schulen oder internationale Strömungen?’ [‘Institutionalism: National Schools or International Movement?’] in Schefold, Bertram (ed.) (1997) Vademucum zu einen klassiker des Skandinavischen Institutionalismus: Johan Åkerman ‘Das Problem der sozialökonomischen Synthese’ (Düsseldorf: Verlag Wirtschaft und Finanzen), pp. 109-29.

38. ‘Economics, Environmental Policy and the Transcendence of Utilitarianism’ in Foster, John (ed.) (1997) Valuing Nature? Ethics, Economics and the Environment (London: Routledge), pp. 48-63.

37. ‘The Fate of the Cambridge Capital Controversy’, in P. Arestis and M. C. Sawyer (eds) Capital Controversy, Post Keynesian Economics and the History of Economics: Essays in Honour of Geoff Harcourt, London, Routledge, 1997, pp. 95-110.

36. ‘Metaphor and Pluralism in Economics: Mechanics and Biology’, in A. Salanti and E. Screpanti (eds) Pluralism in Economics: New Perspectives in History and Methodology, Edward Elgar, Aldershot, 1997, pp. 131-54.


35. ‘Institutional Economics: Old and New’ in George Argyrous and Frank Stilwell (eds), Economics as a Social Science: Readings in Political Economy, Pluto, London, pp. 154-8.

34. ‘Towards a Worthwhile Economics’, in S. G. Medema and W. J. Samuels (eds) How Economists Should Do Economics, Edward Elgar, Aldershot, 1996, pp. 103-21.

33. ‘Richard Nelson and Sidney Winter’, in W. J. Samuels (ed) American Economists of the Late Twentieth Century, Edward Elgar, Aldershot, 1996, pp. 194-215.

32. ‘Organizational Form and Economic Evolution: A Critique of the Williamsonian Hypothesis’, in U. Pagano and R. E. Rowthorn (eds), Democracy and Efficiency in Economic Enterprises, Routledge, London, 1996, pp. 98-115.

31. ‘Corporate Culture and the Nature of the Firm’ in John Groenewegen (ed.), Transaction Cost Economics and Beyond, Kluwer, Boston, 1996, pp. 249-69.


30. ‘Biological and Physical Metaphors in Economics’, in Biology as Society, Society as Biology: Metaphors. Sociology of the Sciences Yearbook 1994, Kluwer, Boston, 1995, pp. 339-56.

29. ‘Introduction’, in G. Hodgson (ed.), Economics and Biology, Edward Elgar, Aldershot, 1995.


28. ‘Hayek, Evolution, and Spontaneous Order’, in, P. Mirowski (ed.), Natural Images in Economic Thought: Markets Read in Tooth and Claw, Cambridge University Press, Cambridge, 1994, pp. 408-47.

27. ‘A Comment on Pasinetti’, in R. Delorme and K. Dopfer (eds), The Political Economy of Diversity: Evolutionary Perspectives on Economic Order and Disorder, Edward Elgar, Aldershot, 1994, pp. 46-50.

26. ‘The Return of Institutional Economics’, in N. Smelser and R. Swedberg (eds), Handbook of Economic Sociology, Princeton University Press, 1994, pp. 58-76.

25. ‘Precursors of Modern Evolutionary Economics: Marx, Marshall, Veblen, and Schumpeter’, in R. England (ed.), Evolutionary Concepts in Contemporary Economics, University of Michigan Press, 1994, pp. 9-35.


24. ‘Introduction’, in G. Hodgson (ed.), The Economics of Institutions, Edward Elgar, Aldershot, 1993.

23. ‘Transaction Costs and the Evolution of the Firm’, in C. Pitelis (ed.), Transaction Costs, Markets and Hierarchies: Critical Assessments, Basil Blackwell, Oxford, 1993, pp. 77-100.

22. ‘Commentary’ on ‘The Methodology of Institutional Economics: A Pragmatic Instrumentalist Perspective’ by Paul D. Bush, in M. Tool (ed.) Institutional Economics:Theory, Method, Policy, Kluwer, Boston, 1993.

21. ‘Evolution and Institutional Change’, in B. Gustafsson, C. Knudsen and U. Mäki (eds), Rationality, Institutions and Economic Methodology, Routledge, London, 1993, pp. 222-41.

20. ‘Calculation, Habits and Action’, in W. Gerrard (ed.), Rationality and Economics, Routledge, London, 1993, 36-51.

19. ‘Commodity Variation and the Evolution of Money: A Place for the State?’ in W. Blaas and J. Foster (eds) Mixed Economies in Europe Edward Elgar, Aldershot, 1993, pp. 17-32.


18. ‘Institutional Evolution and Methodological Individualism: A Comment on Richard N. Langlois “Orders and Organizations”‘, in S. Boehm and B. J. Caldwell (eds), Austrian Economics: Tensions and New Directions, Kluwer, Boston, 1992, pp. 165-92.

17. ‘Rationality and the Influence of Institutions’, in P. Ekins and M. Max-Neef (eds), Real Life Economics, Routledge, London, 1992, pp. 40-48.

16. ‘Institutional Economics: Legacy and New Directions’, in U. Himmelstrand (ed.), Interfaces in Economic and Social Analysis, Routledge, London, 1992, pp. 124-39.


15. ‘Evolution and Intention in Economic Theory’, in P. P. Saviotti and J. S. Metcalfe (eds), Evolutionary Theories of Economic and Technological Change, Harwood Academic Publishers, Reading, 1991.

14. ‘Introduction’ (with Ernesto Screpanti), in G. Hodgson and E. Screpanti (eds), Rethinking Economics, Edward Elgar, Aldershot, 1991.

13. ‘Socio-Political Disruption and Economic Development’, in G. M. Hodgson and E. Screpanti (eds), Rethinking Economics, Edward Elgar, Aldershot, 1991.

12. ‘Marx After Robinson: An Essay on the Distinction Between Production and Exchange and Related Matters’, in I. Rima (ed.) The Joan Robinson Legacy, Sharpe, New York 1991.


11. ‘Post Keynesianism and Institutionalism: The Missing Link’, in J. Pheby (ed.), New Directions in Post Keynesian Economics, Edward Elgar, Aldershot, 1989.


10. ‘Depreciation of Machines of Changing Efficiency: A Note’ (with I. Steedman), (from Australian Economic Papers, June 1977) in I. Steedman (ed.), Sraffian Economics, Edward Elgar, Aldershot, 1988.

 9. ‘The British Experience’, in E. Nell, Prosperity and Public Spending, Unwin Hyman, Boston, 1988.


 8. ‘The Limits to Keynes’, in P. Nolan and S. Paine (eds) Rethinking Socialist Economics: A New Agenda for Britain, Polity Press, Cambridge, 1986.

 7. ‘The Underlying Economic Crisis’, in D. Coates and J. Hillard (eds), The Economic Decline of Modern Britain, Wheatsheaf, Brighton, 1986. [Extract from Labour at the Crossroads.]


 6. ‘Towards a Radical Political Economy’, in Academic Staff College of India (ed.), Readings in Political Economy, Orient Longman, Hyderabad, (1985). [Extract from Capitalism, Value and Exploitation.]

 5. ‘Persuasion, Expectations and the Limits to Keynes’, in T. Lawson and H. Pesaran (eds), Keynes’ Economics: Methodological Issues, Croom Helm, London, 1985.


 4. ‘Thatcherism: The Miracle that Never Happened’, in E. Nell (ed.), Free Market Conservatism, George Allen and Unwin, Hemel Hempstead, 1984.


 3. ‘On the Political Preconditions of the Alternative Economic Strategy’, in M. Prior (ed.), The Popular and the Political, Routledge and Kegan Paul, London, 1981.

 2. ‘Labour and Profits’, in I. Steedman, P. Sweezy, et al, The Value Controversy, Verso, London, 1981.

 1. ‘Framvaxten av en Alternativ Ekonomisk Strategi i England’, in P. Dencik (ed.) Vanstern och den Ekonomiska Politiken, Arbetarkultur, Stockholm, 1981.