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Item specifics

Condition
Brand new: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
PublishedOn
2011-04-01
Title
The Foundations of Institutional Economics (Routledge Advances i
Artist
Not Specified
ISBN
9780415586559

About this product

Product Information

This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for economic development, capital formation and technological dynamics in an easily accessible and comprehensive manner. As a front-rank 20th century institutional economist, Kapp pulls together arguments from a variety of sources, including Thorstein Veblen, John Kenneth Galbraith and Gunnar Myrdal, all of which emphasize the crucial role of institutions. The author cements institutional economics as a distinct and coherent framework of analysis to effectively address urgent socio-economic problems, such as environmental disruption and sustainable development. This book begins with a critique of conventional (neoclassical) economics and an overview of the antecedents of institutional economics. The core of the book is formed by the chapters on institutions, human economic behavior and needs, arguing that institutional change is key to directing economic development towards sustainable and adequate living conditions, rather than merely formal growth formulas. The final chapters provide the reader with the institutional theories of capital and technology, showing how capital formation and technological dynamics are determined by institutions, such as the principle of investment for profit. The appendix complements Kapp's plea for institutional change with articles on science and technology, social costs, substantive economics, and circular and cumulative causation. This book is suited for readers at all levels who are interested in institutional economics, the history of economics thought, political economics as well as ecological and heterodox economics. Researchers and students will find it to be an easily accessible and a concise elaboration on the foundations of institutional economics.

Product Identifiers

Publisher
Taylor & Francis LTD
ISBN-13
9780415586559
eBay Product ID (ePID)
99766122

Product Key Features

Number of Pages
290 Pages
Publication Name
The Foundations of Institutional Economics
Language
English
Subject
Economics
Publication Year
2011
Type
Textbook
Author
K. William Kapp
Series
Routledge Advances in Heterodox Economics
Format
Hardcover

Dimensions

Item Height
234 mm
Item Weight
590 g
Item Width
156 mm
Volume
13

Additional Product Features

Editor
Rolf Steppacher, Sebastian Berger
Country/Region of Manufacture
United Kingdom
Title_Author
K. William Kapp

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