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Institutional Economics

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Institutional Economics Synopsis

This volume appraises, refines and extends the institutionalist's evolutionary theory of political economy in six different areas of inquiry:

  • (a) an overview of institutional economics in general
  • (b) the presentation and refinement of pragmatic methods of inquiry
  • (c) the exploration of extensions and clarifications of instrumental value theory
  • (d) the distillation of an emergent institutionalist theory of labour markets
  • (e) the explication of a culture-based theory of economic development
  • and (f) the formulation of an analytical design that provides direction for institutional policy making
  • The traditional neoclassical and Marxist views of how to explain, order, and operate a political economy are now in question throughout the world. Appeals are being made for more relevant and pragmatic, less doctrinaire and dogmatic, approaches to economic inquiry and problem solving. This volume provides fresh theoretical underpinnings for such problem solving efforts

About This Edition

ISBN: 9780792393467
Publication date:
Author: Marc R Tool
Publisher: Springer an imprint of Springer Netherlands
Format: Hardback
Pagination: 360 pages
Series: Recent Economic Thought Series
Genres: Economics
Economic theory and philosophy

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