This two-volume work is intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume I, "Foundations of Institutional Thought", identifies the origins of institutional economics and explores the primary analytical tools in its development. The papers included in Volume II, "Institutional Theory and Policy", consider basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".

chapter |24 pages


Edited ByMarc R. Tool

part |26 pages

Part I

chapter |24 pages

The Nature and Necessity of the Mixed Economy

ByJerry L. Petr

part |116 pages

Part II

chapter |23 pages

Institutional Economics and The Theory of Production

ByRodney E. Stevenson

chapter |35 pages

Distribution and Economic Progress

ByJames T. Peach

chapter |24 pages

Institutional Economics and Consumption

ByDavid B. Hamilton

chapter |30 pages

Prices and Pricing

ByAlfred S. Eichner

part |91 pages

Part III

chapter |35 pages

Macroeconomic Theory and Policy in an Institutionalist Perspective

ByWallace C. Peterson

chapter |25 pages

Money as an Institution of Capitalism

ByDudley Dillard

chapter |27 pages

An Institutionalist Theory of Economic Planning

ByWilliam M. Dugger

part |160 pages

Part IV

chapter |28 pages

The Existence and Exercise of Corporate Power: An Opaque Fact

ByJohn R. Munkirs, Janet T. Knoedler

chapter |31 pages

Regulation of Industry: An Institutionalist Approach

ByHarry M. Trebing

chapter |41 pages

Elements of a Neoinstitutional Environmental Economics

ByJames A. Swaney

chapter |27 pages

Power in the Labor Market: Institutionalist Approaches to Labor Problems

ByStephen A. Woodbury

chapter |28 pages

Law and Economics From Different Perspectives

ByH. H. Liebhafsky

part |84 pages

Part V

chapter |28 pages

The Institutionalist Theory of Economic Development

ByJames H. Street

chapter |32 pages

Multinationals and the Third World

ByWilliam P. Glade