After all control and institutions and processes are immediate things. They can all be translated into terms of human conduct...
Source: The Institutional Approach to Economic Theory, 1919, p. 311-6
“Any evolutionary science… is a close-knit body of theory. It is a theory of a process, of an unfolding sequence… of cumulative causation. The great deserts of the evolutionist leaders… lie… in their having shown how this colorless impersonal sequence of cause and effect can be made use of for theory proper, by virtue of its cumulative character.”
Source: "Why is economics not an evolutionary science?", 1898, pp. 375-378; As cited in: Geoffrey M. Hodgson, "Veblen and darwinism." International review of sociology 14.3 (2004): 343-361
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Thorstein Veblen 41
American academic 1857–1929Related quotes
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Source: The Evolution of Civilizations (1961) (Second Edition 1979), Chapter 1, Scientific Method and the Social Sciences, p. 40
Source: 1980s-1990s, "Theory construction as disciplined imagination," 1989, p. 516