STOREP 2018 Conference: Invited Speakers


Università di Genova, 28-30 June 2018

Whatever Has Happened to Political Economy?

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General Program  II  Sessions Program

Geoffrey M. Hodgson is a Research Professor in Hertfordshire Business School, at the University of Hertfordshire in the UK. A leading figure of modern institutionalism, Hodgson is the author of over 100 research articles in academic journals and of several books, among which Economics and Institutions: A Manifesto for a Modern Institutional Economics (1988, Polity Press, Cambridge, and University of Pennsylvania Press, Philadelphia – translated into Chinese, Italian, Japanese, Portuguese and Russian), Economics and Utopia: Why the Learning Economy is Not the End of History (Routledge, 1999), Evolution and Institutions: On Evolutionary Economics and the Evolution of Economics (Edward Elgar, 1999), The Evolution of Institutional Economics: Agency, Structure and Darwinism in American Institutionalism (Routledge 2004), Darwin’s Conjecture: The Search for General Principles of Social and Economic Evolution (with Thorbjoern Knudsen;  University of Chicago Press 2010). More recently, he has published From Pleasure Machines to Moral Communities: An Evolutionary Economics without Homo Economicus (University of Chicago Press 2013) and Conceptualizing Capitalism. Institutions, Evolution, Future (University of Chicago Press 2015). He has also coedited (with Charles Camic) the Essential Writings of Thorstein Veblen (Routledge 2011).

Hodgson is the recipient of the Veblen-Commons Award in 2012. His How Economics Forgot History. The Problem of Historical Specificity in Social Science (Routledge 2001) was nominated by the World Economics Association in 2016 as one of the top 50 economics books of the last 100 years. Conceptualizing Capitalism received the Schumpeter Prize 2014 awarded by the International Joseph A. Schumpeter Society.

Member of the Editorial Board of Epistemic Engineering, the Journal of Economic Issues, the Journal of Economic Methodology, the Journal of Evolutionary Economics, the Journal of Institutional Innovation, Development and Transition, Review of Social Economy, Schmollers Jahrbuch, World Economics Journal and Econômica (Brazil), and formerly of the Cambridge Journal of Economics, he is now Editor-in-Chief of the Journal of Institutional Economics. A founder, and general secretary until 1998, of the European Association for Evolutionary Political Economy (EAEPE), Hodgson is now Secretary of the World Interdisciplinary Network for Institutional Research (WINIR, which he co-founded in 2013).

His current research, carried out within the Group for Research into Organisational Evolution (GROE) at the University of Hertfordshire, focuses on the theoretical and methodological foundations of institutional and evolutionary economics, with immediate applications for the understanding of learning, routines, technological change, and economic development. Another focus is on the theory and nature of the firm, and its place in a broader theory of institutions and institutional change. The agenda also includes the evolution of institutions, the application of Darwinian principles to socio-economic evolution, the conditions underlying increasing socio-economic complexity, and the impact of increasing complexity in capitalist development. Finally, he leads empirical research projects on routinisation and niche-construction in firms, the degree to which firms adapt to change, and the role of institutional complementarities in firm development.

The World Economics Association published in 2012 an interview to Hodgson illustrating his career and the essential lines and ambitions of his research.

His website is

His keynote lecture at the 15th Annual STOREP Conference is titled:

Heterodox economics as a scientific community?
Problems, prospects and alternative strategies“.