Contemporary Economic Thought: The Contribution of Neo-Institutional Economics

by Allan G. Gruchy

An anaylsis of the heterodox economic thought of Clarence E. Ayres (instrumental economics), John K. Galbraith (the economics of excellence), Gunnar Myrdal (the economics of integration) and Gerhard Colm (the economics of national programming). Gruchy surveys the world views, the priority concerns and the analytical contributions of these scholars with particular attention to their critiques of mainstream economics. "The final and most important chapter ... deals with the nature and significance of Neo-Institutional economics ... A scholarly and useful book." Journal of Economic Literature. "Penetrating study ... Gruchy's careful account demonstrates that their insights were vital to an understanding of the contemporary economic scene." The New Republic

360 pages, Hardcover

First published October 1, 1972