Pushkinskaya st. 43. office 10
Rostov-on-Don, Russia
e-mail: info@hjournal.ru 
tel. +7(863) 269-88-14

cubsEN (2)

Institutional approach in economics and to economics. Part I

Institutional approach in economics and to economics. Part I

Journal of Institutional studies, , Vol. 7 (no. 3),

The paper attempts to justify an alternative to conventional methodology of economics, as well as make a corresponding revision of the history of this discipline. It explains why the discipline in its orthodox version, and for the most unorthodox directions, is cognitively sterile and socio-economico-politically very harmful. The article can be seen as a manifesto which calls for a radical change in the discipline. As a manifesto, it probably could be called "Economics: from repentance and resurrection", that is, I suggest to economists to repent of the harm that this discipline has brought and on the basis of this reflection to revive it in a different methodological framework that is able to make economics socially useful. The first part of the article published in this issue, consists of three sections. The first section justifies the claim that economics is stuck in metaphysical-abstract state with its abstract-a priori approach, and that its orthodox part is theology plays the role of a theology of the secular market religion. The second section summarizes the methodology, the use of which would make "economic science" truly scientific. The third section shows how this can be implemented.

Keywords: abstract-a priori approach; economic disciplines as theology of market religion; constructivist methodology of science; constructivist institutional economics.

  •  Amable B. et Palombarini S. (2005). L’économie politique n’est pas une science morale. Paris, Raison d’Agir.
  • Ananyin O. (2006). The philosophy and methodology of economics // Lebedev S. A. (ed.). The philosophy of the social sciences and humanities. Moscow, Academic Project, pp. 353-436. (In Russian).
  • Ananyin O. (ed.) (2007). Arts Economy: Methodological issues in the application of economic theory applied socio-economic research. Moscow, Science [Nauka] Publ. (In Russian).
  • Augustine (Archimandrite) (2001). Guide to the basic theology. Minsk, Harvest Publ. (In Russian).
  • Bauman Z. (1992). Intimations of Postmodernity. London, Routledge.
  • Becker G. (2003). Selected papers on economic theory. Human behavior. The economic approach. Moscow, Publ. House of Higher School of Economics. (In Russian).
  • Béland D. (2002). Néo-institutionnalisme historique et politiques sociales: une perspective sociologique. Politique et Sociétés, vol. 21, no. 3, pp. 21-39.
  • Belanovsky S. A. (2001). Deep interview. Moscow, Nikkkolo Media. (In Russian).
  • Berelowitch A. et Wieviorka M. (1998). Les Russes d'en bas. Paris: Seuil.
  • Billaudot B. (2001). Régulation et croissance. Une macroéconomie historique et institutionnelle. Paris, L’Harmattan.
  • Blaug M. (1986). Great Economists before Keynes. London, Whitesheaf Books Ltd.
  • Bothorel J. et Sassier Ph. (2005). La grande distribution. Enquête sur une corruption à la française. Paris, Bourin éditeur.
  • Boyer R. (1997). The theory of regulation. Critical analysis. Moscow, Publ. House of Russian State Humanitarian University. (In Russian).
  • Boyer R. et Saillard Y. (eds.) (1995). Théorie de la régulation. L’état des savoirs. Paris, La Découverte.
  • Braud Ph. (1998). Sociologie politique. Paris, L.G.D.J.
  • Braybrooke M. and Mofid K. (2005). Promoting the Common Good. Bringing Economics & Theology Together Again. London, Shepheard-Walwyn (Publishers) Ltd.
  • Bredemaier K. (2005). The art of verbal attack. Moscow, Alpina Business Books. (In Russian).
  • Bredemaier K. (2006). Black rhetoric. The power and magic of words. Moscow, Alpina Business Books. (In Russian).
  • Brennan J. and Buchanan J. (2005). Reason rules. Constitutional political economy. St. Petersburg, Publ. House «The School of Economics». (In Russian).
  • Brinton M. C. and Nee V. (1998). The New Institutionalism in Sociology. Stanford. California, Stanford University Press.
  • Bruner J. (1990). Acts of Meaning. Cambridge, Harvard University Press.
  • Bryant A. and Charmaz K. (2007). The Sage Handbook of Grounde Theory. Thousand Oaks, Sage Publications.
  • Burtt E. A. (2003). The Metaphysical Foundations of Modern Science. NY, Dover Publications.
  • Caillé A. (2007). Présentation. Revue du MAUSS, no. 30, pp. 5-28.
  • Callon M. et Latour B. (1997). «Tu ne calculeras pas!» - ou comment symétriser le don et le capital». MAUSS, no. 9. Le capitalisme aujourd'hui. Paris: La Découverte, pp. 45-70.
  • Charmaz K. (2006).Constructing Grounded Theory. A Practical Guide Through Qualitative Analysis. Thousand Oaks, Sage Publications.
  • Conte O. (2003). The spirit of positive philosophy. Rostov-on-Don, Phoenix Publ. (In Russian).
  • Craig D. V. (2009). Action Research Essentials. San Francisco, California, John Wiley & Sons.
  • Degnbol-Martinussen J. (2001). Policies, Institutions and Industrial Development. Coping with Liberalisation and International Competition in India. New Delhi, Sage Publications.
  • Denis H. (2008). Histoire de la pensée économique. Paris, Presses Universitaires de France.
  • Denzin N. F. and Lincoln Y. S. (eds.). (2005). Handbook of Qualitative Research. Thousand Oaks, Sage Publications.
  • Dey I. (1999). Grounding Grounded Theory. Guidelines for Qualitative Research, London, Academic Press.
  • Durkheim E. (1955). Pragmatisme et sociologie. Paris, Vrin.
  • Durkheim E. (1995). Sociology. Its subject matter, method, purpose. Moscow, Kanon Publ. (In Russian).
  • Fligstein N. (2002). Fields, power and social skills: critical analysis of the new institutional trends. Economic Sociology. New Approaches to Institutional and Network Analysis. Moscow, ROSSPEN Publ., pp. 119-156. (In Russian).
  • Foley D. K. (2006). Adam’s Fallacy. A Guide to Economic Theology. Cambridge, Massachusetts, The Belknap Press of Harvard University Press.
  • Foss N. J. and Garzarelli G. (2007). Institutions as knowledge capital: Ludwig M. Lachmann’s interpretative institutionalism. Cambridge Journal of Economics, vol. 31, no. 5, pp. 789-804.
  • Friedman M. (2006). Capitalism and Freedom. Moscow, A New Publ. House. (In Russian).
  • Frobert L. (2000). Le travail de François Simiand (1873 – 1935). Paris, Economica.
  • Fullbrook E. (ed.) (2003). The Crisis in Economics. The post-autistic economics movement: the first 600 days. London, Routledge.
  • Fullbrook E. (ed.) (2004). A Gude to What is Wrong with Economics. London, Routledge.
  • Fullbrook E. (ed.) (2007). Real World Economics: A Post-autistic Economics Reader. London, Anthem Press.
  • Fullbrook E. (ed.) (2008). Pluralist Economics. London & New York, Zed Books.
  • Galiani F. (1984). Dialogues sur le commerce des blés. Paris, Fayard.
  • Galperin I. R. and Mednikova E. M. (1987). English-Russian dictionary. In 2 vols. Moscow, Publ. House "Russian Language". (In Russian).
  • Gide S. and Rist S. (1995). History of Economic Thought. Moscow, Economics Publ. (In Russian).
  • Gillard L. et Rosier M. (sous la direction de). (1996). François Simiand (1873 –1935). Sociologie – Histoire – Economie. Paris, Editions des archives contemporaines.
  • Gislain J.-J. and Steiner Ph. (1999). American Institutionalism and Durkheimian positive Economics: Some Connections. History of Political Economy, vol. 31, no. 2, pp. 273-296.
  • Hall P. A. and Taylor R. C. R. (1996). Political Science and the Three Institutionalisms. Political Studies, vol. 44, no. 5, pp. 936-957.
  • Hayek F. A. (2005). The Road to Serfdom. Moscow, A New Publ. House. (In Russian).
  • Hodgson G. M. (2001). How Economics forgot History. London and New York, Routledge.
  • Jorion P. (2007). Vers la crise du capitalisme américain? Paris, La Découverte.
  • Jorion P. (2008a). L’implosion. La finance contre l’économie. Ce que révèle et  annonce la « crise des subprimes. Paris, La Découverte.
  • Jorion P. (2008b). La crise. Des subprimes au séisme financier planétaire. Paris, La Découverte.
  • Karlin S. (1964). Mathematical methods in game theory, programming and economics. Moscow, Publ. House "World [Mir]". (In Russian).
  • Kasyan A. A. (2008). Ideology and science. Soviet scientists debate the mid XX century. Moscow, Progress-Tradition Publ. (In Russian).
  • Kaufman J.-C. (2004). L’entretien compréhensif. Paris, Armin Colin.
  • Knorr Cetina K. (1991). Epistemic Cultures: Farms of Reason in Science. History of Political Economy, vol. 23, no. 1, pp. 105-122.
  • Knor Cetina K. (1999). Epistemic Cultures. How the Sciences Make Knowledge. Cambridge, Mussachusetts, Harvard University Press.
  • Latour B. (2006a). When things rebuff: the possible contribution of "science studies" to the social sciences // Vahshteyn V. (ed.) Sociology of things. Moscow, Publ. House "The territory of the future", pp. 342-366. (In Russian).
  • Latour B. (2006b). New time was not. Essays on anthropology symmetrical. St. Petersburg, Publ. House of the European University. (In Russian).
  • Latour B. (2006c). Changer de société. Refaire de la sociologie. Paris, La Découverte.
  • Latour B. and Woolgar S. (1979). Laboratory Life. The Social Construction of Scientific Facts. Losangeles, London, Sage.
  • Latour B. et Lépinay V. A. (2008). L’économie, science des intérêts passionnés. Introduction à l’anthropologie économique de Gabriel Tarde. Paris, La Découverte.
  • Lecours A. (ed.). (2005). New Institutionalism. Theory and Analysis. Toronto, University of Toronto Press.
  • Leontief W. (1972). Theoretical assumptions and unobservable facts. USA: Economics, Politics, Ideology, no. 9, pp. 102-105. (In Russian).
  • McCloskey D. N. (1985). The Rhetoric of Economics. Madison, Wisconsin, The University of Wisconsin Press.
  • McCloskey D. N. (1994). Knowledge and Persuasion in Economics. Cambridge, Cambridge University Press.
  • McKim D. K. (2004). Westminster Theological Dictionary of terms. Moscow, Republic Publ. (In Russian).
  • Ménard C. (2001). Methodological Issues in New Institutional Economics. Journal of Economic Methodology, vol. 8, no. 1, pp. 85-92.
  • Moskovsky A. (2009). Institutionalism: Theory, Decision-making Basis, Method of Criticism. Voprosy Ekonomiki, no. 3, pp. 100-124. (In Russian).
  • Moss M. (1996). Company. Exchange. Personality. Proceedings of social anthropology. Moscow, "Eastern Literature" RAS. (In Russian).
  • Nau H. H. and Steiner Ph. (2002). Schmoller, Durkheim, and Old EuropeanInstitutional Economics. Journal of Economic Issues, vol. XXXVI, no. 4, pp. 1005-1024.
  • Nazarov V. N. (2004). Introduction to theology. Moscow, Gardariki Publ. (In Russian).
  • Nefedova T. (2003). Rural Russia at a crossroads. Geographical essays. Moscow, A New Publ. House. (In Russian).
  • Nefedova T. and Pellot J. (2006). Unknown agriculture, or why the cow. Moscow, A New Publ. House. (In Russian).
  • Nelson R. H. (2001). Economics as Religion. From Samuelson to Chicago and Beyond. University Park, The Pennsylvania State University Press.
  • North D. C. (1981). Structure and Change in Economic History. New York, London, W.W. Norton.
  • North D. C. (2000). Understanding institutions // Ménard C. (ed.) Institutions, Contracts and Organizations. Perspectives from New Institutional Economics. Cheltenham, Edward Elgar. pp. 7-10.
  • North D. C. (2005). Understanding the Process of Economic Change. Princeton and Oxford, Princeton University Press.
  • North D. C. and Thomas R. P. (1973). The Rise of the Western World. A New Economic History. NY, Cambridge University Press.
  • Nureev R. M. (2005). Public Choice Theory. Moscow, Publ. House of Higher School of Economics. (In Russian).
  • Oleynik A. (ed.) (2005). Institutional Economics. Moscow, INFRA-M Publ. (In Russian).
  • Paillé P. et Mucchielli A. (2005). L’analyse qualitative en sciences humaines et sociales. Paris, Armin Colin.
  • Paillé P. (sous la direction de). (2006). La méthodologie qualitative. Postures de recherche et travail de terrain. Paris, Armin Colin.
  • Parsons T. (2000). The structure of social action. Moscow, Academic Project Publ. (In Russian).
  • Peirce C. S. (1992). The Essential Peirce. Selected Philosophical Writings, vol. 1. Bloomington, Indiana University Press.
  • Peirce C. S. (2000a). Selected Works. Moscow, Logos Publ. (In Russian).
  • Peirce C. S. (2000b). Start pragmatism. St. Petersburg, Aletheia Publ. (In Russian).
  • Peirce C. S. (2002). Pragmatisme et pragmaticisme. OEuvres I. Paris, Les Editions du CERF.
  • Pouch T. (2001). Les économistes français et le marxisme. Apogée et déclin d’un discours critique (1959 – 2000). Rennes, Presses Universitaires de Rennes.
  • Poupart J. et al. (1997). La recherche qualitative. Enjeux épistémologiques et méthodologiques. Boucherville (Quebec), Gaëtan Morin.
  • Radaev V. V. (2007). Capture the Russian territories. The new competitive situation in the retail trade. Moscow, State WIS. (In Russian).
  • Radaev V. V. (2008). Economic imperialists are coming! What sociologists. Economic Sociology, vol. 9, no. 3, pp. 25-32. (In Russian).
  • Reason P. and Bradbury H. (eds.) (2006). Handbook of Action Research. Thousand Oaks, Sage Publications.
  • Rubinstein Ar. (2008). Dilemmas of economic theorist. Voprosy Ekonomiki, no. 11, pp. 62-80. (In Russian).
  • Sachkov Yu. V. (2003). Scientific method. Questions and development. Moscow, Publ. House URSS. (In Russian).
  • Sapir J. (2001). For economic theory of inhomogeneous systems. Previous studies decentralized economy. Moscow, Publ. House of Higher School of Economics. (In Russian).
  • Sapir J. (2005). Quelle économie pour le XXIe siècle? Paris: Odile Jacob.
  • Schmidt V. A. (1996). From State to Market? The Transformation of French Business and Government. Cambridge, Cambridge University Press.
  • Schmidt V. A. (2002). The Futures of European Capitalism. Oxford, Oxford University Press.
  • Schmoller G. (1998). Historisch-ethnische Nationalökonomie als Kulturwissenschaft. Marburg, Metropolis-Verlag.
  • Semenova V. V. (1998). Qualitative methods: Introduction to humanistic sociology. Moscow, Dobrosvet Publ. (In Russian).
  • Shastitko A. E. (2003). New Institutional Economics: features and method. Moscow, TEIS Publ. (In Russian).
  • Simiand F. (2006). Critique sociologique de l’économie. Textes présentés par Jean-Christophe Marcel et Pholippe Steiner. Paris, Presses Universitaires de France.
  • Simons R. G. (1995). Competing Gospels. Public Theoligy and Economic Theory. Alexandria, Australia, E J DWYER.
  • Skocpol T. (1999). Why I am a Historical Social Scientist. Extensions: Journal of the Carl Albert Congressional Research and Studies Center, pp. 16-19.
  • Smith A. (1997). Theory of Moral Sentiments. Moscow, Republic [Respublika] Publ. (In Russian).
  • Staropoli et Robin S. (2008). Experimental economics to inform New Institutional Issues. New Institutional Economics Textbook, Glachant J. M, Brousseau E. (eds.). Cheltenham, Glos, UK: Edgar Elgar.
  • Steimo S., Thelen K. and Longstreth F. (eds.) (1992). Structuring Politics. Historical Institutionalism in Comparative Analysis. Cambridge, Cambridge University Press.
  • Steinberg I. et al. (2009). Qualitative methods. Field case studies. St. Petersburg, Aletheia Publ. (In Russian).
  • Stepin V. S. (2006). Philosophy of Science. Common problems. Moscow, Gardariki Publ. (In Russian).
  • Steuart J. (1767). An Inquiry into the Principles of Political Economy. London, A. Miller and T. Cadell. (http://www.marxists.org).
  • Strauss A. and Corbin J. (2001). Basics of qualitative research. Grounded theory. Procedures and techniques. Moscow, Publ. House URSS. (In Russian).
  • Stringer E. T. (1999). Action Research. Thousand Oaks, Sage Publications.
  • Svetlov V. A. (2008). The history of the scientific method. Moscow, Academic Project Publ. (In Russian).
  • Tarde G. (1902). Psychologie économique. Paris, Félix Alcan. (http://classiques.uqac.ca).
  • Traweek Sh. (1988). Beamtimes and Lifetimes. The World of High Enegy Phisicists. Cambridge, Massachusetts, Harvard University Press.
  • Wieviorka M. (2008). Neuf Leçons de Sociologie. Paris, Robert Laffont.
  • Yefimov V. M. (1978). On the theory of management simulation games. Dynamic and Probabilistic Optimization Economy. Novosibirsk, Science [Nauka] Publ., pp. 132-174. (In Russian).
  • Yefimov V. (1981). Gaming-simulation of the functioning of economic systems. Journal of Economic Behavior & Organization, vol. 2, no. 2, pp. 187-200.
  • Yefimov V. M. (1986). Game simulation model for the study of the problems of the economic mechanism. Economics and Mathematical Methods, no. 4, pp. 651-661. (In Russian).
  • Yefimov V. M. (1988). Simulation game for the system analysis of economic management. Moscow, Science [Nauka] Publ. (In Russian).
  • Yefimov V. (1997). Approche institutionnelle de l'analyse de la transition. Revue d'études comparatives Est-Ouest. Paris: C.N.R.S., no. 2, pp. 99-119.
  • Yefimov V. (2003). Economie institutionnelle des transformations agraires en Russie. Paris, l’Harmattan.
  • Yefimov V. M. (2007a). Subject Matter and Method of Interpretative Institutional Economics. Voprosy Ekonomiki, no. 8, pp. 49-67. (In Russian).
  • Yefimov V. M. (2007b). The debate about the methods and institutionaleconomics. Economic Herald of the Rostov State University, vol. 5, no. 3, pp. 18-36. (In Russian).
  • Yefimov V. M. (2009). Evolutionary analysis of the Russian agrarian institutional system. Universe of Russia, no. 1, pp. 74-116. (In Russian).
  • Yefimov V. M. (2010). Russian agrarian institutional system (historicalconstructivist analysis). Journal of Economic Regulation, no. 3, pp. 8-91. (In Russian).
Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
Online ISSN: 2412-6039
ISSN: 2076-6297