Institutional Economics : Its Place in Political Economy, Volume 1
Book Details
Format
Hardback or Cased Book
ISBN-10
1138526150
ISBN-13
9781138526150
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 6th, 2017
Print length
686 Pages
Weight
453 grams
Product Classification:
Economics
Ksh 30,600.00
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Commons opened Institutional Economics by declaring: "My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action
Commons opened Institutional Economics by declaring: "My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action." This sentence well summarizes the three key elements of this book--its theoretical intent, the importance Commons gave to his own experience in institutional reform in shaping these ideas, and the focus on the concept of the institution as a collective constraint on individual action.
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