The Disappearance of Cooperatives from Economics Textbooks

Posted: 16 Jun 2008

See all articles by Panu Kalmi

Panu Kalmi

Aalto University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: July 2007

Abstract

Discussion of cooperatives abounded in early twentieth century economics textbooks, but is virtually absent from their modern counterparts. In this paper, I assemble a dataset of economics textbooks used at the University of Helsinki during 1905-2005 and examine how the treatment of cooperatives has changed, and what factors have led to a neglect of cooperatives in textbooks. The quality and quantity of the discussion on cooperatives is noted to be much greater in books published before World War II than in post-World War II books. I argue that the main reason for the decline is the paradigm shift from institutional to neoclassical analysis, which led to a neglect of the potential of cooperatives in addressing social problems.

Keywords: Cooperatives, Textbooks, University of Helsinki

JEL Classification: A20, B10, B20, P13

Suggested Citation

Kalmi, Panu, The Disappearance of Cooperatives from Economics Textbooks (July 2007). Cambridge Journal of Economics, Vol. 31, Issue 4, pp. 625-647, 2007, Available at SSRN: https://ssrn.com/abstract=1146010 or http://dx.doi.org/10.1093/cje/bem005

Panu Kalmi (Contact Author)

Aalto University - Department of Economics ( email )

PO Box 1210
FI-00101 Helsinki
Finland

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