Knowledge that Transforms

The article written by the founder of institutionalism and published in 1909 is translated into Russian for the first time. Veblen criticizes different versions of neoclassical theories of production and consumption, trying to consider human behavior in the wide cultural context. He suggests a methodological alternative to neoclassical theory, rebutting teleological explanations of neoclassics and emphasizing causal relations. Moreover Veblen formulates a theoretical alternative: he develops a theory of institutional evolution and describes how habits, customary modes of thought and conventional judgments influence behavior of businessmen and how the analysis of their scheme of life can contribute to deeper understanding of their economic activity.

Workmen's Insurance in Germany: Some Illustrative Figures Get access F. W. T. F. W. T. Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 24, Issue 1, November 1909, Pages 191–194, https://doi.org/10.2307/1886061 Published: 01 November 1909

The circumstances under which my article "On the Return of Productive Agents" was published, in the last issue of this Journal, caused a disconcerting error in the text, to which I beg to call the attention of the reader who may be interested. On page 583, the equationdoes not correspond to the text. The equation which expresses my thought is .

The Financial Results of the Increment tax in German Cities Get access A. N. Holcombe A. N. Holcombe Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 24, Issue 1, November 1909, Pages 194–197, https://doi.org/10.2307/1886062 Published: 01 November 1909

Examples of anomalies, 470.—Hadley's oyster case not conclusive, 472.—Two variants: lower long-haul rates by the roundabout route, as in the Hillsdale, Youngstown, and some Southern cases, 474; or by the direct route, as in the Nashville-Chattanooga and other Southern cases, 480.—Complicating influence of water transportation, 488.—Market competition from various regions a different case, 489.—The basing point (Southern) and basing line (Missouri River) systems, 494.—Their inevitable instability and probable ultimate abandonment, 498.—Postage-stamp rates, illustrated by transcontinental tariffs, 499.

Journal Article Tax Reform in Washington: The Exemption of Intangibles Get access Vanderveer Custis Vanderveer Custis University of Washington Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 23, Issue 4, August 1909, Pages 718–726, https://doi.org/10.2307/1883526 Published: 01 August 1909

The doctrine of a class-war proclaimed by American Marxists, 512.—No class divisions or class struggles in the United States, 513.—Social reconstruction not dependent on a socialist party, 518.—How political and economic reforms are achieved, 520.—The evils of society are to be reformed separately, 525.

I. Introductory. Character of railway concessions in Italy, 619.—Railways not profitable, State aid always essential, 621.—Oscillations of public and private management, 623.—Public management now settled, 625.—II. Conventions of 1885 and resumption of State operation in 1905. Three railway systems established in 1885, 627.—Complicated financial relations, 629.—Reserve funds, 631.—Inadequacy of reserve funds because of failure of traffic to grow, 632.—Other causes of trouble, as to rates and wages, 634.—Immediate occasion of resumption of State operation in 1905: procrastination in negotiations with the companies, 635; and friction with the employees, 636.—III. State operation since 1905. How far autonomy of railway administration has been established, 638.—The balance sheet and budget, 642.—How rates are regulated, 644.—Financial outcome; difficulty of reaching precise conclusions, 645.

Journal Article Inaccuracies in Rogers' History of Prices Get access Harley L. Lutz Harley L. Lutz Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 23, Issue 2, February 1909, Pages 350–358, https://doi.org/10.2307/1882805 Published: 01 February 1909

Much new legislation probable in 1909, 233. — Legislation during 1907, 234. — Legislation during 1908: as to savings banks in New York, Massachusetts, Ohio, Rhode Island, 235. — As to trust companies and state banks; in Ohio and Rhode Island, 243; in Massachusetts, as to reserves, 243; in New York, as to reserves of banks (244), duties of directors (248), authority of supervisor (249).