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The Institutional Economics Of John R Commons
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Book Synopsis Contemporary Meanings of John R. Commons’s Institutional Economics by : Hiroyuki Uni
Download or read book Contemporary Meanings of John R. Commons’s Institutional Economics written by Hiroyuki Uni and published by Springer. This book was released on 2017-02-03 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to reinterpret John R. Commons's Institutional Economics with a newly discovered manuscript written in 1927 in order to find its contemporary meanings in economic theories. Commons aimed to establish institutional economics to understand capitalism in the USA of that time, when people’s collective actions were gaining importance with the emergence of powerful labor unions, oligopolistic corporations, and national judicial systems. Setting three types of transactions as his central concepts for analysis, Commons described dynamics of capitalism as multiple and cumulative causal processes of transactions, through which the final goal should be achievements of a "reasonable value". He also believed that the reasonable value could be achieved by the evolution of institutions. There is no doubt that Commons's ideas proposed in Institutional Economics such as transactions and collective actions greatly inspired later economists; however, few studies have contributed to comprehensive understanding of the origin of his masterpiece. To what extent and in what sense had Commons rejected or accepted previous classical economics or marginalism for constituting his original institutional economics? What are the meanings and limitations that reasonable value may have for contemporary political economy? Institutional Economics as attempts to resolve deep economic problems at that time. Commons's efforts create important implications for us, those who are living in an era after the global financial crisis and confronting various challenges to political economy.
Book Synopsis Institutional Economics. Vol. I by : John Rogers Commons
Download or read book Institutional Economics. Vol. I written by John Rogers Commons and published by Transaction Publishers. This book was released on with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Institutional Economics by : John Rogers Commons
Download or read book Institutional Economics written by John Rogers Commons and published by Transaction Pub. This book was released on 1934 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Institutional Economics by : John R. Commons
Download or read book Institutional Economics written by John R. Commons and published by Transaction Pub. This book was released on 1990 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis John R. Commons: Selected Essays by : Malcolm Rutherford
Download or read book John R. Commons: Selected Essays written by Malcolm Rutherford and published by Routledge. This book was released on 2020-03-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: John R. Commons is one of the most significant figures in the development of American economics. One of the founders of the Institutional school, Commons developed theories of the evolution of capitalism and of institutional change which continue to influence modern economics. These volumes collect, for the first time, his major essays and articles.
Book Synopsis Reasonable Value by : John Rogers Commons
Download or read book Reasonable Value written by John Rogers Commons and published by . This book was released on 1925 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Institutional Economics by : Sam Sebesta
Download or read book Institutional Economics written by Sam Sebesta and published by Routledge. This book was released on 2018-04-20 with total page 979 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Institutional Economics by : Charles J. Whalen
Download or read book Institutional Economics written by Charles J. Whalen and published by Routledge. This book was released on 2021-10-28 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of history, real-world institutions, and socioeconomic interrelations. This book brings together leading institutionalists to examine the tradition’s most essential perspectives and methods. The contributors to the book draw on a broad range of institutional thought from the classic work of Thorstein Veblen, John R. Commons, and Karl Polanyi, to the newer viewpoints of post-Keynesian institutionalism, feminist institutionalism, and environmental institutionalism. Methods range from frameworks used to analyze public policy and institutional change, to modes of analysis including myth busting, historically grounded narratives, and computer-based simulations. Each chapter surveys the origins, development, key features, applications, and frontiers of a particular viewpoint, framework, or mode of analysis. Due consideration is given to both strengths and weaknesses; and woven into the chapters is attention to core institutionalist concepts, including technology, institutions, culture, and complexity. The book provides economists with promising starting points for new research, students with contributions refreshingly in touch with the real world, and policymakers and social scientists with compelling reasons for engaging further with the institutionalist tradition.
Book Synopsis A Worker's Economist by : John Dennis Chasse
Download or read book A Worker's Economist written by John Dennis Chasse and published by Routledge. This book was released on 2017-07-12 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: John R. Commons is one of the few reformers of the past century whose major works are still actively read, whose ideas are still debated, and whose principles are still applied to the analysis of contemporary problems. His life spanned the years of America’s “Great Transformation,” from a nation of shopkeepers, farmers, and small towns to one of giant corporations, landless laborers, and crowded cities. He became involved in almost every aspect of America’s response to the damaging side effects of that transformation. A Worker’s Economist begins with John Commons’ childhood and education and continues through his life as a scholar, teacher, administrator, and reformer. Commons’ list of accomplishments are great in number and overall effect. He worked on the staff of the first government commission to investigate the economic and social consequences of corporate mergers. He served as a public representative on the commission that investigated industrial violence and workplace relations. He was a participant observer in America’s largest and most historic mineworkers’ strike. He wrote and administered the nation’s first constitutional worker compensation law. He developed principles of social reform and public administration that his students carried into the design and administration of the Social Security system as well as Lyndon B. Johnson’s War on Poverty. John Dennis Chasse reviews Commons’ major works, describes the people with whom he worked, and follows the fortunes of the unions that were intrinsic to his vision of “collective democracy.” As a final testament to Commons’ importance, Chasse considers his legacy as it endures in the work of his students and beyond.
Book Synopsis The Evolution of Institutional Economics by : Geoffrey Martin Hodgson
Download or read book The Evolution of Institutional Economics written by Geoffrey Martin Hodgson and published by Psychology Press. This book was released on 2004 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This exciting new book from Geoffrey Hodgson is eagerly awaited by social scientists from many different backgrounds. This book charts the rise, fall and renewal of institutional economics in the critical, analytical and readable style that Hodgson's fans have come to know and love, and that a new generation of readers will surely come to appreciate.
Book Synopsis The Theory of Transaction in Institutional Economics by : Massimiliano Vatiero
Download or read book The Theory of Transaction in Institutional Economics written by Massimiliano Vatiero and published by Routledge. This book was released on 2020-07-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite abundant literature on transaction costs, there is little to no in-depth analysis regarding what the transaction is or how it works. Drawing on both Old and New Institutional Economics and on a variety of interdisciplinary sources, this monograph traces the history of the meaning of transaction in institutional economics, mapping its topicality and use over time. This manuscript treats the idea of ‘transaction’ as a construct with legal, competitive and political dimensions, and connects different approaches within institutional economics. The book covers the contributions of key thinkers from different schools, including (in alphabetical order) Ronald H. Coase, John R. Commons, Robert Lee Hale, Oliver Hart, Mancur Olson, Thorstein Veblen and Olver E. Williamson. This book will be of interest to advanced students and researchers of institutional economics, law and economics, and economics, and the history of economic thought.
Book Synopsis A Comparison of the Institutional Economics of John R. Commons and Douglass C. North by : Cheng-Ping Cheng
Download or read book A Comparison of the Institutional Economics of John R. Commons and Douglass C. North written by Cheng-Ping Cheng and published by . This book was released on 1998 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis John R. Commons, Institutional Economist by : Lafayette George Harter (Jr.)
Download or read book John R. Commons, Institutional Economist written by Lafayette George Harter (Jr.) and published by . This book was released on 1959 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Legal Foundations of Capitalism by : John Rogers Commons
Download or read book Legal Foundations of Capitalism written by John Rogers Commons and published by New York : The Macmillan. This book was released on 1924 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Founding of Institutional Economics by : Warren Samuels
Download or read book The Founding of Institutional Economics written by Warren Samuels and published by Routledge. This book was released on 2002-01-08 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional economics has been a major part of economic thought for the whole of the twentieth century, and today remains crucial to an understanding of the development of heterodox economics. The two principal publications that founded the school were Veblen's The Theory of the Leisure Class and Commons's A Sociological View of Sovereignty, both published in 1899. As a tribute to these two seminal works, Warren Samuels has assembled an exceptionally prestigious international group of scholars to produce this landmark volume celebrating the centenary. The chapters assess the work of Veblen and Commons and their influence on the school of institutional economics from a variety of theoretical perspectives. The contributions on Veblen appraise his anthropological analysis of consumption habits of American households from sociological, linguistic and feminist points of view. Conversely, the essays on Commons's work focus on the concepts of property, power and the relationship between legality and economics.
Book Synopsis Institutional Economics by : Sam Sebesta
Download or read book Institutional Economics written by Sam Sebesta and published by Routledge. This book was released on 2018-04-20 with total page 687 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Institutional Economics by : John R. Commons
Download or read book Institutional Economics written by John R. Commons and published by . This book was released on 1981 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
