Institutions in Economics: The Old and the New Institutionalism (Historical Perspectives on Modern Economics) - Softcover

Book 2 of 20: Historical Perspectives on Modern Economics

Rutherford

 
9780521574471: Institutions in Economics: The Old and the New Institutionalism (Historical Perspectives on Modern Economics)

Synopsis

This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical and Austrian sources.

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From the Back Cover

This book explores the issues surrounding the use of formal or non-formal analytical methods, individuals or holistic approaches, the respective roles of rational choice and rule-following behavior, the relative importance of the spontaneous evolution and deliberative design of institutions, and questions concerning the normative appraisal of institutions.

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Other Popular Editions of the Same Title

9780521451895: Institutions in Economics: The Old and the New Institutionalism (Historical Perspectives on Modern Economics)

Featured Edition

ISBN 10:  0521451892 ISBN 13:  9780521451895
Publisher: Cambridge University Press, 1994
Hardcover