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Institutional Economics: Its Place Political Economy, Volume 1
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Institutional Economics: Its Place Political Economy, Volume 1 in Franklin, TN
By Barnes & Noble
Current price: $70.99
Barnes and Noble
Institutional Economics: Its Place Political Economy, Volume 1 in Franklin, TN
By Barnes & Noble
Current price: $70.99
Loading Inventory...
Size: EBook
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.
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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