Marc R. Tool’s Contributions to Institutional Economics
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After a period of over twenty years in which institutionalists found it virtually impossible to get their books published or their articles accepted by professional journals, the literature of institutional economics began to expand dramatically in the mid-1970s.2 The establishment in 1966 of the Association for Evolutionary Economics (AFEE) finally made it possible for institutionalists to meet on an annual basis to encourage institutionalist research and to provide a forum for its critique. The papers presented at the annual meetings of AFEE began to appear regularly in AFEE’s Journal of Economic Issues, which was launched in 1967. In 1979, the Association for Institutional Thought (AFIT) was organized, creating a second professional forum for institutional thought.3
KeywordsEconomic Issue Institutional Economic Academic Freedom Institutionalist Literature Positive Dualism
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