Economics and Institutions: A Manifesto for a Modern Insitutional Economics

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Traditionally, economists have attributed consistency and rational calculation to the action of "economic man." In a powerful challenge to orthodox thinking, Geoffrey Hodgson maintains that social institutions play a central and essential role in molding preferences and guiding action: institutions are regarded as enabling action rather than merely providing constraints. From this perspective, the author takes on the "free marketers" such as Milton...

Format:Hardcover

Language:English

ISBN:0812281136

ISBN13:9780812281132

Release Date:January 1988

Publisher:University of Pennsylvania Press

Length:387 Pages

Weight:1.55 lbs.

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Economics and Institutions: A Manifesto for a Modern Insitutional Economics

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