The Founding of Institutional Economics

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  • Edition: 1st
  • Format: Hardcover
  • Copyright: 1999-02-12
  • Publisher: Routledge

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As a tribute to Veblen'sThe Theory of the Leisure Classand Commons'A Sociological View of Sovereignty,Warren Samuels has assembled an international group of scholars to produce this landmark volume celebrating the centenary. The chapters assess the work of Veblen and Commons and their influence on the school of institutional economics from a variety of theoretical perspectives. The contributions on Veblen appraise his anthropological analysis of consumption habits of American households from sociological, linguistic and feminist points of view. The essays on Commons' work focus on the concepts of property, power and the relationship between legality and economics.

Table of Contents

Contributors ix
Introduction xi
Warren J. Samuels
PART I Veblen and Commons 1(30)
Veblen, Commons, and the Industrial Commission
David Hamilton
Veblen and Commons and the concept of community
Edythe S. Miller
PART II Commons, A Sociological View of Sovereignty 31(92)
An evolutionary theory of the development of property and the state
Glen Atkinson
Sovereignty and withholding in John Commons's political economy
Richard Dawson
The identity and significance of Commons's A Sociological View of Sovereignty
Richard Gonce
Commons, sovereignty, and the legal basis of the economic system
Steven G. Medema
John R. Commons's ``Political Economy and Law'': Harbinger of A Sociological View of Sovereignty and Legal Foundations of Capitalism
Warren J. Samuels
PART III Veblen, The Theory of the Leisure Class 123(197)
Veblen and the vanishing of the ``leisure class''
Philippe Broda
The Theory of the Leisure Class and the theory of demand
E. Ray Canterbery
Veblen's contribution to the instrumental theory of normative value
Lewis E. Hill
Veblen's Theory of the Leisure Class and the genesis of evolutionary economics
Geoffrey M. Hodgson
Veblen's feminism in historical perspective
Ann Jennings
Veblen and the anthropological perspective
Anne Mayhew
The rhetoricality of Thorstein Veblen's economic theorizing: A critical reading of The Theory of the Leisure Class
David Sebberson
Margaret Lewis
Georg Simmel and Thorstein Veblen on fashion fin de siecle
Rick Tilman
A neoinstitutional theory of social change in Veblen's The Theory of the Leisure Class
Marc R. Tool
Index 320

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