The exchange paradigm: Where to now?

  • Kohn M
  • 7


    Mendeley users who have this article in their library.
  • 4


    Citations of this article.


This essay restates the main conclusions of “Value and Exchange,” discusses three possible directions of research that flow from it, and evaluates their likely impact on the economics profession. The three directions are (1) the application of the distinction between value paradigm and exchange paradigm to the elucidation of the history of economic thought, (2) formal theorizing within the framework of the exchange paradigm, and (3) empirical work informed by the insights of the exchange paradigm. Copyright Springer Science+Business Media, LLC 2007

Author-supplied keywords

  • Exchange paradigm
  • Value paradigm

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document


  • Meir Kohn

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free