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Financing American Prosperity: A Symposium of Economists, by Paul T. Homan, Fritz Machlup
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Fritz Machlup and behavioralism
Industrial and Corporate Change, 2000This paper is concerned with Fritz Machlup's defense of neoclassical economics against organizational economics and the behavioral theory of the firm. Machlup's objections to organizational economics were narrowly semantic. Properly understood, however, Machlup's methodology has much to offer organizational theory.
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Fritz Machlup’s Methodology and The Theory of the Growth of the Firm
Quarterly Journal of Austrian Economics, 2007Fritz Machlup distinguished himself in several main areas, including industrial organization, with particular emphasis on the production and distribution of knowledge, and international monetary economics. However, his role as methodologist concerns us here. As the long-term mentor of Edith Penrose, whose M.A. and Ph.D.
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