Product Description: It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by leading internationally renowned scholars including Paul A...read more

Product Description: 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...read more

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In arguably his most important book to date, Hodgson calls into question the tendency of economic method to try and explain all economic phenomena by using the same catch-all theories and dealing in universal truths. He argues that you need different theories to analyze different economic phenomena and systems and that historical context must be taken into account.Hodgson argues that the German Historical School was key in laying the foundations for the work of the pioneer institutional economists, who themselves are gaining currency today; and that the growing interest in this school of thought is contributing to a more complete understanding of socio-economic theory. (view table of contents)

In the 1990s, institutional and evolutionary economics emerged as one of the most creative and successful approaches in the modern social sciences. This reader gathers together contributions from leading international authors in the field of institutional and evolutionary economics including Eileen Appelbaum, Benjamin Coriat, Giovanni Dosi, Sheila C. Dow, Bengt-Ake Lundvall, Uskli Maki, Bart Nooteboom and Marc R. Tool. The emphasis is on key concepts such as learning, trust power, pricing and markets,with some essays devoted to methodology and others to the comparison of different forms of capitalism. (view table of contents)

Product Description: Since the fall of the Berlin Wall we have been told that no alternative to Western capitalism is possible or desirable. This book challenges this view with two arguments. First, the above premise ignores the enormous variety within capitalism itself...read more (view table of contents, read Amazon.com's description)

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Product Description: This study of the future of economics as a viable discipline analyses some attempts to redirect theoretical economics to real world issues. It proposes a move away from mathematical formulizations and greater tolerance for the possibilitiy of learning from other sciences, especially biology...read more (view table of contents, read Amazon.com's description)

Product Description: Since the fall of the Berlin Wall we have been told that no alternative to Western capitalism is possible or desirable. This book challenges this view with two arguments. First, the above premise ignores the enormous variety within capitalism itself...read more

(view table of contents)

Product Description: Economic theory is currently at a crossroads, where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines...read more (view table of contents, read Amazon.com's description)

Product Description: The Economics of Institutions is a collection of key essays in the field of both `new' and `old' institutional economics. Featuring articles from the most important scholars in this field, it covers: individuals, institutions and institutionalism; rules and norms; institutions, knowledge and uncertainty; institutional change and economic growth, and markets and firms as institutions...read more

Product Description: This authoritative and comprehensive reference work introduces the reader to the major concepts and leading contributors in the field of institutional and evolutionary economics. The Companion's coverage includes contributions by leading international authors working in the traditions of Thorstein Veblen, Joseph Schumpeter and the new institutionalist economics...read more

Product Description: Recent events in Eastern Europe have underlined the limitations of Marxian economic and political theory. In this collection of essays Hodgson subjects Marxian economic theory to critical examination and shows which elements retain their modern relevance...read more

Geoffrey Hodgson aims to demonstrate that social institutions play a central role in moulding preferences and guiding action.