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Browsing University of Hertfordshire by Author "Hodgson, Geoffrey"
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1688 and All That: Property Rights, the Glorious Revolution and the Rise of British Captialism
Hodgson, Geoffrey (2016-10-10)In a seminal 1989 article, Douglass North and Barry Weingast argued that by making the monarch more answerable to Parliament, the Glorious Revolution of 1688 helped to secure property rights in England and stimulate the ... -
Adaptation and survival in small- and medium-sized firms
Hodgson, Geoffrey; Dollimore, Denise; Herman, Stephen (2017-10-31)This article considers the causal connection between adaptability and survival in populations of small and medium-sized firms (SMEs). Some literatures have downplayed adaptability by focusing on statics and equilibria ... -
Brakes on Chinese Development : Institutional Causes of a Growth Slowdown
Hodgson, Geoffrey; Huang, Kainan (University of Hertfordshire, 2012)China has enjoyed spectacular economic growth since the 1980s. Economic models based on production functions typically suggest that China‟s rapid growth will continue at similarly high rates, but they ignore pressing ... -
The concept of a routine
Hodgson, Geoffrey (Edward Elgar Publishing, 2010)The significance of routines in modern, learning, innovating economies is widely appreciated. Routines are vital to all organizations. Hence it is important to understand both how they can be built and how they can be ... -
Conceptualizing Capitalism : Institutions, Evolution, Future
Hodgson, Geoffrey (University of Chicago Press, 2015-08-01) -
Conceptualizing Capitalism – A Summary
Hodgson, Geoffrey (2016-02-01)This essay summarizes key parts of the book Conceptualizing Capitalism (Hodgson 2015a). It briefly explains why institutions must be central to a definition of capitalism, and what is the nature and role of such a definition. ... -
A Conversation with Geoff Hodgson
Gagliardi, Francesca; Gindis, David; Hodgson, Geoffrey (Edward Elgar Publishing, 2019-11-29)This article is the introductory chapter to a festschrift in honour of Geoff Hodgson. In work spanning four decades, Geoff Hodgson has made many path-breaking contributions to institutional economics, evolutionary economics, ... -
Darwinian evolutionary theory and the social sciences
Gough, Ian; Runciman, Garry; Mace, Ruth; Hodgson, Geoffrey; Rustin, Michael (2008)This is an edited transcript of a symposium held by the Academy of Social Sciences and the ESRC and hosted by the University of Bath on 14 March 2007. The question addressed was ‘whether the theory of natural selection has ... -
Evolutionary economics
Hodgson, Geoffrey (Unesco, 2011) -
Fifteen years of economic transition
Hodgson, Geoffrey (Springer Nature, 2008)Three years after the collapse of the Berlin Wall, and one year after the break-up of the Soviet Union, Egon Matzner collaborated in the production of a book that was critical of the Western-inspired policy of market ‘shock ... -
Four Essays on Economic Evolution : an introduction
Dollimore, Denise E.; Hodgson, Geoffrey (2014-01)This essay is in two parts. The first considers the evolution of evolutionary economics from 1982 to 2012. While enormous advances are acknowledged, it is argued that the field is in danger of fragmentation and that there ... -
From Cambridge Keynesian to Institutional Economist: The Unnoticed Contributions of Robert Neild
Gindis, David; Hodgson, Geoffrey; Gagliardi, Francesca (2018-08-01)Robert Neild (born 1924) has made a major contribution to economics and to peace studies. This paper provides a brief sketch of Neild’s life and work. While noting his research in economic policy and peace studies, this ... -
A Further Reply to Jean-Philippe Robé on the Firm
Deakin, Simon; Gindis, David; Hodgson, Geoffrey (2022-07-02)Despite agreement on many points, including our shared insistence that 'corporation' and 'firm' are different concepts, Jean-Philippe Robé still maintains that they are mutually exclusive: no corporation is a firm, and no ... -
The Future of Work in the Twenty-First Century
Hodgson, Geoffrey (2016-03-02)The institutional nature of work has changed dramatically in over the last 300 years and there is no reason to assume that change will cease in the twenty-first century. This article criticizes the theoretical basis for ... -
The Great Crash of 2008 and the reform of economics
Hodgson, Geoffrey (2009)The 2008 economic crash led to remarkable shifts of opinion among world leaders. Does this crisis create favourable conditions for the reform and revitalisation of economics itself—from a subject dominated by mathematical ... -
Historical Institutional Determinants of Financial System Development in Africa
Emenalo, Chukwunonye O.; Gagliardi, Francesca; Hodgson, Geoffrey (2018-04-01)The literature on the determinants of cross-country variation in financial system development identifies historical institutional factors, mostly rooted in colonial effects, as key causes. Using a sample of 39 African ... -
In search of general evolutionary principles: why Darwinism is too important to be left to the biologists
Hodgson, Geoffrey; Knudsen, T. (2008)Bioeconomics emphasizes the common ontological ground between economics and biology. However, this does not necessarily mean that both disciplines collapse into one. Instead it is proposed here that Darwinism provides a ... -
An Interview with Oliver Williamson
Gindis, David; Hodgson, Geoffrey (2007) -
Introduction to the Douglass C. North Memorial Issue
Hodgson, Geoffrey (2016-12-01)This introduction considers the highly influential contribution of Douglass C. North to economic history and institutional economics, as it developed from the 1960s until his death in 2015. It sketches the evolution of his ... -
Karl Polanyi on Economy and Society: : A Critical Analysis of Core Concepts
Hodgson, Geoffrey (2017-01-02)This journal highlights the social aspects of economic activity. Yet the nature of the ‘social’ and the ‘economic’ are more problematic than often assumed. This article probes Karl Polanyi’s depiction of the relationship ...