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The Misfortunes of Prosperity
This work analyzes major ideas in political economy, summarizing historical and theoretical perspectives on the causes of economic growth in countries such as the United States, Japan and Western Europe. It includes a discussion of the effects of the showd
Beyond the Regulation Approach
Every now and then, a book comes along that you positively want to be asked to read and review, and this is one of them a major work of scholarship in its own right, while at the same time, a ground-clearing exercise for what is to follow. . . . This, it should be emphasized, is a hugely impressive body of work, an expansive statement of Jessop s contribution as a major figure within the world of regulation approaches. Ray Hudson, Economic Geography This book presents a detailed and critical account of the regulation approach in institutional and evolutionary economics. Offering both a theoretical commentary and a range of empirical examples, it identifies the successes and failures of the r...
Institutional Economics in France and Germany
German Ordoliberalism and French Regulation theory, two institutionalist theories born in different national contexts, show striking convergences and complementarities. Based on an original comparison, Institutional Economics in France and Germany analyses the basic concepts, the development and the present relevance of both schools, the way they deal with the crucial methodological issue of complexity and with transformation in post-socialist Europe. It underlines the specificity and fruitfulness of these European approaches to institutional economics, often unfortunately ignored in the English-language literature. Written by leading scholars, this book is a clear presentation of both theories, with numerous illustrations and in-depth analysis of recent research developments. This theoretical, methodological and thematic comparison raises central issues in the growing field of socioeconomic and institutionalist theory.
Frontiers of Evolutionary Economics
This compilation by leading protagonists is a must for a greater understanding of the world we are living in and wanting to see change for the better. Gerry Sweeney, Prometheus Modern evolutionary economics is now nearly two decades old and in this excellent book, a distinguished group of evolutionary economists identify the most important developments and discuss the direction of future research. By moving away from traditional concerns with the operation of selection mechanisms towards a preoccupation with the manner in which the novelty and variety provide fuel for such mechanisms, the authors identify a key development in the field. Evolutionary economists have been drawn into the modern...
State, Society, and Corporate Power
This volume of selections from the Journal of Economic Issues carries the institutional economics analysis of the acquisition and use of economic power into new and critically significant subject areas: law and economics, the public control of economic power, and international implications of public and private use of power to influence the flow of real income on a global scale. Its particular interest is the possession and use of corporate power, especially in relation to the state as a representative of society.
Capitalism and Democracy
ÔThis is a well-structured book on a complex question that has been relevant for centuries leading up to the actual crisis in the EU and the international financial markets. The book offers a rich picture of empirics, and discusses, explains and criticizes a number of classical theories in the field (Marx, Schumpeter, Polanyi), as well as modern theories (Greif, North et al., Acemoglu, Perez and others). The familiar topics of property rights, technological development and long waves are presented in an illuminating way, whereas a number of new topics including open and limited access societies, hyper globalization, and the European Union are viewed in a broad perspective of Òpolitical eco...
Complexity and the Economy
The internationally-renowned contributors to this book examine the causes and consequences of complexity among the broadly economic phenomena of firms, industries and socio-economic policy. They make a valuable contribution to the increasingly prominent subject of complexity, especially for those whose interests include evolutionary, behavioral, political and social approaches to understanding economics and economic phenomena.
Institutional Economics
What is Institutional Economics Institutional economics is a branch of economics that focuses on understanding the function that institutions have in determining economic behavior as well as the impact that the evolutionary process plays. Thorstein Veblen's instinct-oriented divide between technology on the one hand and the "ceremonial" sphere of society on the other was the primary emphasis of the organization when it was first established. Both its name and its fundamental components may be traced back to an article written by Walton H. Hamilton in 1919 for the American Economic Review. The field of institutional economics places an emphasis on the study of institutions in a more comprehen...
