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Institutional Economics Revisited

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Institutional Economics Revisited

Institutional Economics Revisited

Shigeto Tsuru
April 2011
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9780511890673
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    Description

    In these lectures Shigeto Tsuru reappraises institutionalism as a school of thought and discusses its relevance for the issues that face the economics profession today. He begins with a historical perspective by reconsidering Marx as an "institutionalist," which provides a context for a discussion on Keynes, Schumpeter and Veblen. This is followed by an examination of modern institutionalism through the work of Gunnar Myrdal, J. K. Galbraith and William Kapp. He concludes with an evaluation of the future of the institutionalist approach.

    • The author is one of the best post-war economists in the world
    • Provides reappraisal of institutionalism as a school of thought, discussing its relevance today
    • Reconsiders Marxian political economy

    Reviews & endorsements

    "...a useful and at times provocative characterization and assessment of institutional economics." Journal of Economic Literature

    See more reviews

    Product details

    April 2011
    Adobe eBook Reader
    9780511890673
    0 pages
    0kg
    This ISBN is for an eBook version which is distributed on our behalf by a third party.

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    Contents

    Table of Contents

    • Preface
    • 1. Reappraisal of Marxian political economy as 'institutionalism' in the broad sense of the term
    • 2. The methodology of aggregates: Keynes vs Marx
    • 3. Marx vs Schumpeter on business cycles
    • 4 Institutional economics in America: Veblen
    • 5. Modern institutionalism
    • 6. The future of institutional economics I: in place of GNP
    • 7. The future of institutional economics II: the mixed economy as a mode of production
    • Discussion.
      • Show more
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    About the authors
      Author
    • Shigeto Tsuru

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