McCloskey - ideias burgesas

Exposing the Neoclassical Fallacy --- can be stated as (a) assuming the institutional framework to be well-defined and enforced and given, and (b) when it is pointed out that treating (a) as given resulted in ignoring (a), so we now state the institutional framework, but don't examine the mechanisms which make it sustainable or fragile and subject to breakdown. Committing either (a) or (b) is the Neoclassical Fallacy and it has plagued economics since the 1930s.
Todd Zywicki, Rosolino Candela -- work to do, lots of work to do

Exposing the Neoclassical Fallacy: McCloskey on Ideas and the Great Enrichment by Barry R. Weingast :: SSRN

In this paper I discuss Deirdre McCloskey’s argument that “ideas, not capital or institutions,” were the cause of the “great enrichment,” the spectacular growth

papers.ssrn.com