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Resource type: Journal Articles
Title: The Disappearance of Cooperatives from Economics Textbooks
Author(s): Panu Kalmi
Date: 15 August 2007
File:
URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1006740
Category: Co-operatives

Discussion of co-operatives abounded in early 20th century economics textbooks, but is virtually absent from their modern counterparts. In this paper, I assemble a datasetof economics textbooks used at the University of Helsinki during 1905-2005 and examine how the treatment of co-operatives has changed, and what factors have led to a neglect of co-operatives in textbooks. The quality and quantity of the discussion on co-operatives is noted to be much greater in books published before the Second World War than in post-war books. I argue that the main reason for the decline is the paradigm shift from institutional to neoclassical analysis, which led to neglect the potential ofco-operatives in addressing social problems.

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