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class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><p>The <b>Veblen-Commons Award</b> is presented annually by the <a href="/wiki/Association_for_Evolutionary_Economics" title="Association for Evolutionary Economics">Association for Evolutionary Economics</a> in recognition of outstanding scholarly contributions to the field of <a href="/wiki/Evolutionary_economics" title="Evolutionary economics">evolutionary</a> <a href="/wiki/Institutional_economics" title="Institutional economics">institutional economics</a>.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> It is the Association’s highest honor, named after two key originators of the evolutionary-institutionalist tradition, <a href="/wiki/Thorstein_B._Veblen" class="mw-redirect" title="Thorstein B. Veblen">Thorstein B. Veblen</a> and <a href="/wiki/John_R._Commons" title="John R. Commons">John R. Commons</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Evolutionary_institutional_economics">Evolutionary institutional economics</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Veblen-Commons_Award&action=edit&section=1" title="Edit section: Evolutionary institutional economics"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>According to evolutionary institutionalism, economics “is the science of social provisioning.”<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> To be sure, markets are important, but the <a href="/wiki/Market_system" title="Market system">market system</a> is only one institution that influences the social provisioning process. Moreover, that system can take countless forms and is shaped by history and culture. Thus, understanding culture—how it evolves and its role in economic life—is a foundational element of evolutionary institutionalism.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p><p>Empiricism is also a vital part of the evolutionary-institutionalist tradition. In fact, along with Veblen and Commons, <a href="/wiki/Wesley_C._Mitchell" class="mw-redirect" title="Wesley C. Mitchell">Wesley C. Mitchell</a>—founder of the <a href="/wiki/National_Bureau_of_Economic_Research" title="National Bureau of Economic Research">National Bureau of Economic Research</a>—was a major early contributor to institutionalism. Since the days of Veblen, Commons, and Mitchell, evolutionary institutionalists have sought to collect and use economic and social data (quantitative and qualitative in nature) in service of both scientific understanding and practical problem solving.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Award_recipients">Award recipients</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Veblen-Commons_Award&action=edit&section=2" title="Edit section: Award recipients"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The Veblen-Commons Award has been given since 1969, with the first recipient being <a href="/w/index.php?title=Allan_Gruchy&action=edit&redlink=1" class="new" title="Allan Gruchy (page does not exist)">Allan Gruchy</a>. Other early recipients include <a href="/wiki/Gardiner_Means" title="Gardiner Means">Gardiner Means</a>, <a href="/wiki/Gunnar_Myrdal" title="Gunnar Myrdal">Gunnar Myrdal</a>, <a href="/wiki/John_Kenneth_Galbraith" title="John Kenneth Galbraith">John Kenneth Galbraith</a>, and <a href="/wiki/Rexford_Tugwell" title="Rexford Tugwell">Rexford Tugwell</a>. </p><p>In the 1980s, J. Fagg Foster,<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> David Hamilton, Harry Trebing, Marc Tool, and Wendell Gordon were among the winners. In the 1990s, winners included Wallace Peterson, <a href="/wiki/Robert_Heilbroner" title="Robert Heilbroner">Robert Heilbroner</a>,<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> and <a href="/wiki/Hyman_Minsky" title="Hyman Minsky">Hyman Minsky</a>. </p><p>More recent winners include Anne Mayhew, Edythe Miller, F. Gregory Hayden, Willam Dugger, Glen Atkinson, William Waller, Jim Peach, Janet Knoedler, and <a href="/wiki/James_K._Galbraith" title="James K. Galbraith">James K. Galbraith</a>. </p><p>A detailed description of the award,<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> biography of the current winner, and list of past recipients <sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> can be found on the AFEE website.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Veblen-Commons_Award&action=edit&section=3" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style 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U.S.: <a href="/wiki/American_Economic_Association" title="American Economic Association">American Economic Association</a><span class="reference-accessdate">. Retrieved <span class="nowrap">2020-04-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.aeaweb.org&rft.atitle=American+Economic+Association&rft_id=https%3A%2F%2Fwww.aeaweb.org%2Fconference%2F2020%2Fpreliminary%2F1824%3Fq%3DeNqrVipOLS7OzM8LqSxIVbKqhnGVrJQMlXSUUstS80qAbCOlWh2lxOLi_GSQBEimJLUoF8gGslISKyGMkszcVAirLDO1HGRYUUEBSL0BCCjV1gJcMD2BH7g%2C&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHodgson2012" class="citation journal cs1">Hodgson, Geoffrey (2012-06-01). <a rel="nofollow" class="external text" href="https://www.researchgate.net/publication/259929520">"Toward an Evolutionary and Moral Science: Remarks upon Receipt of the Veblen-Commons Award"</a>. <i>Journal of Economic Issues</i>. <b>46</b> (2): 265–275. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.2753%2FJEI0021-3624460202">10.2753/JEI0021-3624460202</a>. <a href="/wiki/Hdl_(identifier)" class="mw-redirect" title="Hdl (identifier)">hdl</a>:<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://hdl.handle.net/2299%2F8785">2299/8785</a></span>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/23265007">23265007</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:145574968">145574968</a><span class="reference-accessdate">. Retrieved <span class="nowrap">2020-04-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Economic+Issues&rft.atitle=Toward+an+Evolutionary+and+Moral+Science%3A+Remarks+upon+Receipt+of+the+Veblen-Commons+Award&rft.volume=46&rft.issue=2&rft.pages=265-275&rft.date=2012-06-01&rft_id=info%3Ahdl%2F2299%2F8785&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A145574968%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F23265007%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.2753%2FJEI0021-3624460202&rft.aulast=Hodgson&rft.aufirst=Geoffrey&rft_id=https%3A%2F%2Fwww.researchgate.net%2Fpublication%2F259929520&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBush2009" class="citation web cs1">Bush, Paul D. (2009-01-01). <a rel="nofollow" class="external text" href="https://www.researchgate.net/publication/247887614">"The Neoinstitutionalist Theory of Value: Remarks upon Receipt of the Veblen-Commons Award"</a>. <i>Journal of Economic Issues - J ECON ISSUE</i>. pp. 293–307<span class="reference-accessdate">. Retrieved <span class="nowrap">2020-04-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Journal+of+Economic+Issues+-+J+ECON+ISSUE&rft.atitle=The+Neoinstitutionalist+Theory+of+Value%3A+Remarks+upon+Receipt+of+the+Veblen-Commons+Award&rft.pages=293-307&rft.date=2009-01-01&rft.aulast=Bush&rft.aufirst=Paul+D.&rft_id=https%3A%2F%2Fwww.researchgate.net%2Fpublication%2F247887614&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text">Allan G. Gruchy, The Reconstruction of Economics: An Analysis of the Fundamentals of Institutional Economics (New York, Greenwood Press, 1987), p. 25.</span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text">Gruchy, The Reconstruction of Economics, p. 17; Anne Mayhew, “An Introduction to Institutional Economics: Tools for Understanding Evolving Economies,” The American Economist (2018, v. 63, n. 1, pp. 3-17).</span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text">Mayhew, “An Introduction to Institutional Economics,” p. 4.</span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://jfaggfoster.org/FosterBio.html">"J. Fagg Foster - Biography"</a>. <i>jfaggfoster.org</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=jfaggfoster.org&rft.atitle=J.+Fagg+Foster+-+Biography&rft_id=http%3A%2F%2Fjfaggfoster.org%2FFosterBio.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://go.gale.com/ps/anonymous?id=GALE%7CA15542947&sid=googleScholar&v=2.1&it=r&linkaccess=abs&issn=00213624&p=AONE&sw=w">"The Veblen-Commons Award: Robert L. Heilbroner"</a>. <i>Gale (publisher)</i>. United States: <a href="/wiki/Gale_(publisher)" title="Gale (publisher)">Gale</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Gale+%28publisher%29&rft.atitle=The+Veblen-Commons+Award%3A+Robert+L.+Heilbroner&rft_id=https%3A%2F%2Fgo.gale.com%2Fps%2Fanonymous%3Fid%3DGALE%257CA15542947%26sid%3DgoogleScholar%26v%3D2.1%26it%3Dr%26linkaccess%3Dabs%26issn%3D00213624%26p%3DAONE%26sw%3Dw&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://afee.net/?page=institutional_economics&side=veblencommons_award">"Veblen-Commons Award"</a>. <i>afee.net</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=afee.net&rft.atitle=Veblen-Commons+Award&rft_id=https%3A%2F%2Fafee.net%2F%3Fpage%3Dinstitutional_economics%26side%3Dveblencommons_award&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://afee.net/?page=institutional_economics&side=veblencommons_award&sub=past_veblencommons_award_recipients">"Past Veblen-Commons Award Recipients"</a>. <i>afee.net</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=afee.net&rft.atitle=Past+Veblen-Commons+Award+Recipients&rft_id=https%3A%2F%2Fafee.net%2F%3Fpage%3Dinstitutional_economics%26side%3Dveblencommons_award%26sub%3Dpast_veblencommons_award_recipients&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://afee.net/">"Association for Evolutionary Economics"</a>. <i>afee.net</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=afee.net&rft.atitle=Association+for+Evolutionary+Economics&rft_id=https%3A%2F%2Fafee.net%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AVeblen-Commons+Award" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Veblen-Commons_Award&action=edit&section=4" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://afee.net">The Association for Evolutionary Economics</a> <i>(publisher of award)</i></li></ul> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist 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.navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Thorstein_Veblen" title="Template:Thorstein Veblen"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/w/index.php?title=Template_talk:Thorstein_Veblen&action=edit&redlink=1" class="new" title="Template talk:Thorstein Veblen (page does not exist)"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Thorstein_Veblen" title="Special:EditPage/Template:Thorstein Veblen"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Thorstein_Veblen" style="font-size:114%;margin:0 4em"><a href="/wiki/Thorstein_Veblen" title="Thorstein Veblen">Thorstein Veblen</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Books</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><i><a href="/wiki/The_Theory_of_the_Leisure_Class" title="The Theory of the Leisure Class">The Theory of the Leisure Class</a></i> (1899)</span></li> <li><span class="nowrap"><i><a href="/wiki/The_Theory_of_Business_Enterprise" title="The Theory of Business Enterprise">The Theory of Business Enterprise</a></i> (1904)</span></li> <li><span class="nowrap"><i><a href="/wiki/The_Engineers_and_the_Price_System" title="The Engineers and the Price System">The Engineers and the Price System</a></i> (1921)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Concepts</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Conspicuous_consumption" title="Conspicuous consumption">Conspicuous consumption</a></span></li> <li><span class="nowrap"><a href="/wiki/Conspicuous_leisure" title="Conspicuous leisure">Conspicuous leisure</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Miscellaneous</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Institutional_economics" title="Institutional economics">Institutional economics</a></span></li> <li><span class="nowrap"><a href="/wiki/Thorstein_Veblen_Farmstead" title="Thorstein Veblen Farmstead">Thorstein Veblen Farmstead</a></span></li> <li><span class="nowrap"><a class="mw-selflink selflink">Veblen-Commons Award</a></span></li> <li><span class="nowrap"><a href="/wiki/Veblen_good" title="Veblen good">Veblen good</a></span></li></ul> </div></td></tr></tbody></table></div> <p><br /> </p> <style data-mw-deduplicate="TemplateStyles:r1012311289">.mw-parser-output .asbox{position:relative;overflow:hidden}.mw-parser-output .asbox table{background:transparent}.mw-parser-output .asbox 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