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Morris A. Copeland: A Case Study in the History of Institutional Economics

Published online by Cambridge University Press:  11 June 2009

Malcolm Rutherford
Malcolm Rutherford
Affiliation:
Department of Economics, University of Victoria, P.O. Box 1700 STN CSC, Victoria BC, V8W 2Y2, Canada.
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Extract

Morris A. Copeland's work and career as an institutional economist has been the subject of only one significant paper (Millar 1980) and is not well known today, even among institutionalists. The standard histories of institutional economics have tended to focus on a few leading figures, notably Thorstein Veblen, Wesley C. Mitchell, John R. Commons, and Clarence Ayres, and have largely ignored the many others (some of whom had outstanding careers) associated with the movement. This narrow focus has given a misleading impression both of the institutionalist movement itself and also of the nature of the institutionalist contribution to economics. The examination of Copeland's career, treated as a case study in the history of institutional economics, can help correct this problem. Copeland is a perfect candidate for such a case study due to his central place within the interwar institutionalist movement, his teachers, the contacts he maintained, his work in both academic economics and in public service, and his professional standing within economics more generally.

Type
Research Article
Information
Journal of the History of Economic Thought , Volume 24 , Issue 3 , September 2002 , pp. 261 - 290
Copyright
Copyright © The History of Economics Society 2002

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