The Discretionary Economy argues that we do in fact control our own political and economic destinies. As a community, we have discretion over policies that determine whether an economic process adequately provides for the necessities of life. We also determine who participates in normative public judgments and whether decisions distinguish between what is and what ought to be. Tool argues that we must continuously organize the institutional structures through which economic and political functions in the social process are carried on. We must exercise discretion by creating and...
The Discretionary Economy argues that we do in fact control our own political and economic destinies. As a community, we have discretion o...
J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught in the American intellectual tradition of Thorstein Weblen, John R. Commons, John Dewey and Clarence E. Ayres. This tradition shares purpose and philosophy with the European contributors, Gunnar Myrdal and K. William Kapp. Because little of Foster's scholarly work was formally published, professional knowledge of his extraordinary contribution is quite limited beyond the circle of his students and colleagues. ValueTheory and...
J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught ...
Marc R. Tool This book of especially solicited contributions is intended to appraise, re fine, and extend the institutionalists' evolutionary theory of political eco nomy in six different areas of inquiry. These areas are the institutionalist challenge to move beyond dissent, methodology of institutional econo mics, theory of instrumental value, institutionaUst theory of labor markets, institutionalist theory of economic development, and institutionalist policymaking. This collection appears at an especially opportune time. There is wide spread and accumulating analytical dissatisfaction with...
Marc R. Tool This book of especially solicited contributions is intended to appraise, re fine, and extend the institutionalists' evolutionary theory o...
Marc R. Tool, both through his writings and his editorship of the Journal of Economic Issues, has had a profound influence on institutional economics. Tool's efforts, in his own words, "has been to keep values on the agenda of economic inquiry," which is another way of saying "keep economic inquiry relevant. " Tool's work on the theory of social value and instrumental valuation has helped to keep institutional economics focused on the core economic and social issues facing society, providing both a perspective from which to analyze the economy and a criteria for evaluating outcomes. This...
Marc R. Tool, both through his writings and his editorship of the Journal of Economic Issues, has had a profound influence on institutional economics....
This is a tale based on the strike which took place in the mid-1950s at Omi Kenshi, a silk manufacturer not far from Tokyo. The events described reflect the management / labour tensions of the period and the book is a piece of social commentary on the transformation of Japanese business.
This is a tale based on the strike which took place in the mid-1950s at Omi Kenshi, a silk manufacturer not far from Tokyo. The events described refle...
The articles in this volume address the fact and use of economic power in the American economy. The institutional economists' perspective exhibited here reflects a century-long focus on and concern with economic power begun by Thorstein Veblen. This volume presents a new generation of institutionalist scholars who add to that tradition a fresh and penetrating analysis of contemporary power centers and assessments of their use of power.
The articles in this volume address the fact and use of economic power in the American economy. The institutional economists' perspective exhibited...
The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. All of the essays in this book challenge the conventional wisdom in the problem areas addressed. They advocate policy positions that often run contrary to views widely held by academic economists and policy makers alike. The general literature of institutional economics is unorthodox, beginning with its methodological foundations and continuing through the kind of policy analysis found in these pages. The orthodox tradition in economics is...
The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. A...
J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught in the American intellectual tradition of Thorstein Weblen, John R. Commons, John Dewey and Clarence E. Ayres. This tradition shares purpose and philosophy with the European contributors, Gunnar Myrdal and K. William Kapp. Because little of Foster's scholarly work was formally published, professional knowledge of his extraordinary contribution is quite limited beyond the circle of his students and colleagues. ValueTheory and...
J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught ...
The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. All of the essays in this book challenge the conventional wisdom in the problem areas addressed. They advocate policy positions that often run contrary to views widely held by academic economists and policy makers alike. The general literature of institutional economics is unorthodox, beginning with its methodological foundations and continuing through the kind of policy analysis found in these pages. The orthodox tradition in economics is...
The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. A...
Marc R. Tool This book of especially solicited contributions is intended to appraise, re- fine, and extend the institutionalists' evolutionary theory of political eco- nomy in six different areas of inquiry. These areas are the institutionalist challenge to move beyond dissent, methodology of institutional econo- mics, theory of instrumental value, institutionaUst theory of labor markets, institutionalist theory of economic development, and institutionalist policymaking. This collection appears at an especially opportune time. There is wide- spread and accumulating analytical dissatisfaction...
Marc R. Tool This book of especially solicited contributions is intended to appraise, re- fine, and extend the institutionalists' evolutionary theory ...