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The Founding of Institutional Economics

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The Founding of Institutional Economics
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Institutional economics has been a major part of economic thought for the whole of the twentieth century, and today remains crucial to the understanding of the development of hetrodox economics. The two principal publications which 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 promotional 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. The following have contributed: Glen Atkinson, Philipe Broda, E. Ray Canterbery, Richard Dawson, Richard Gonce, David Hamilton, Lewis E. Hill, Geoffrey Hodgson, Ann Jennings, Margaret Lewis, Anne Mayhew, Steven G. Medema, Edythe S. Miller, David Sebberson, Rick Tilman and Marc R. Tool. Glen Atkinson, University of Nevada, USA; Phillipe Broda, ICN-Pole Lorrain de Gestion, France; Richard Dawson, University of Auckland, New Zealand; Richard Gonce, Grand Valley St
Release date NZ
September 17th, 1998
Edited by Warren J. Samuels
Country of Publication
United Kingdom
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