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State-Market Relations in the Perspective of Original Institutionalism*
2012
RCCS Annual Review
This article summarises the main arguments of a critical literature that radically questions the neoclassical economic theory of state-market relations and identifies the fundamental methodological weaknesses of this school of thought. As an alternative, it presents an interpretation of the methodology on which Original Institutionalism, the political economy movement launched by Thorstein Veblen, is based. The article proposes an understanding of the economy and markets as emerging
doi:10.4000/rccsar.440
fatcat:rnx4hhkxmjfx7aebictqjf576q