Institutional Economics
Its Place in Political Economy, Volume 1| By: | null |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9780887387975 |
| eText ISBN: | 9781351512312 |
| Edition: | 1 |
| Copyright: | 1990 |
| Format: | Reflowable |
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Table of Contents
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.