The "French School of Proximity" (EP) was formed, parallel to the assertion in France of two heterodox economic currents, once confused: the Theory of Regulation (TR) and the Economics of Conventions (EC). Thus, some members of the "French School of Proximity" affirmed their kinship with one and / or the other of these currents, and a confrontation persisted in the "French School of Proximity" about the non-geographical proximity, declined in organized proximity (interactionist approach), or in institutional and organizational proximity (institutionalist approach). In some texts of proximist authors, there is a tendency to evacuate the notion of institution while claiming to be institutionalist. After a presentation of the different approaches to proximity, we will then examine the relationship between TR and EC. In conclusion, the primacy of institutional proximity should lead the School of Proximity to be placed rather on the side of the institutionalism carried, particularly, by the TR.