Professionals

Geoffrey Martin Hodgson (born 28 July 1946 in Watford) is one of the leading figures in modern critical institutionalism. Drawing on the intellectual traditions of Thorstein Veblen, his work spans institutional economics, evolutionary economics, the history of economic thought, Marxism, and theoretical biology.

Seminal Contributions and Publications

• Early Breakthrough:
  Hodgson first gained prominence with his 1988 book Economics and Institutions: A Manifesto for a Modern Institutional Economics, which challenged mainstream theories by advocating an institution-focused approach.

• Continued Influence:
  Subsequent works such as Economics and Utopia, How Economics Forgot History, and The Evolution of Institutional Economics have further solidified his reputation as a formidable critic and innovator in economic thought.

Institutional Impact and Networks

• He has played a vital role in establishing influential networks and associations, including:

  • The European Association for Evolutionary Political Economy (EAEPE)

  • The Other Canon

  • The World Interdisciplinary Network for Institutional Research (WINIR)

• His research continues to shape discussions on how social rules and institutions frame economic behavior, societal norms, and public policy.

Academic and Professional Roles

• Current Position:
  Professor Hodgson is currently a Professor in Management for the Institute for International Management and Entrepreneurship at Loughborough University London.

• Specialization:
  He specializes in institutional and evolutionary economics, with a solid background in economics, philosophy, and mathematics. His research applies to understanding organizations, organizational change, innovation, entrepreneurship, and economic development.

Editorial and Scholarly Achievements

• Editorial Leadership:
  Hodgson serves as the Editor-in-Chief of the Journal of Institutional Economics (ABS rank 3).

• Publications:
  He has published 18 academic books and over 150 academic articles.

• Awards and Honors:
  He received the Schumpeter Prize in 2014 for his book Conceptualizing Capitalism.
  Additionally, he holds honorary doctorates from the Russian Academy of Sciences and the University of Thessaly (Greece) and is recognized as an Emeritus professor.

Academic Background

• Prior to his current role, Professor Hodgson held prestigious positions at:

  • The University of Cambridge (1992–1998)

  • The University of Hertfordshire (1999–2018)

This comprehensive overview underscores Geoffrey Hodgson’s influential career and his enduring contributions to economic thought and institutional research.