Encyclopedia of Opinion

Geoffrey Hodgson

Geoffrey Martin Hodgson (born 28 July 1946, Watford)[1] is a Professor in Management at the London campus of Loughborough University, and also the editor-in-chief of the Journal of Institutional Economics. Hodgson is recognised as one of the leading figures of modern critical institutionalism which carries forth the critical spirit and intellectual tradition of the founders of institutional economics, particularly that of Thorstein Veblen. His broad research interests span from evolutionary economics and history of economic thought to Marxism and theoretical biology. He first became known for his book Economics and Institutions: A Manifesto for a Modern Institutional Economics (1988), which criticises modern 'mainstream' economics and calls to revise economic theory on the new grounds of institutionalism. His reputation has become enhanced owing to the trilogy of more recent books – Economics and Utopia (1999), How Economics Forgot History (2001) and The Evolution of Institutional Economics (2004) all of which built Hodgson's arguments into a more rounded and powerful critique of mainstream economic theory.

Cited in arguments