Institutional Economics: Theory, Method, Policy

This title is printed to order. This book may have been self-published. If so, we cannot guarantee the quality of the content. In the main most books will have gone through the editing process however some may not. We therefore suggest that you be aware of this before ordering this book. If in doubt check either the author or publisher’s details as we are unable to accept any returns unless they are faulty. Please contact us if you have any questions.

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; © 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.