Takahashi reconstructs the key blocks of one of the founders of the institutional school, John R. Commons’ theories of the evolution of capitalism and of institutional change by taking the concept of transaction as a central point of departure.
Commons’ theories continue to influence modern economics, and in this book, Takahashi scrutinizes his construction of transaction and its features and offers a reinterpretation of Commons’ institutional economics and transaction economics. He then explores how Commons’ analysis of going concerns (e.g., firms) has broader and deeper applications that extend to monetary policy, labor policy, and the business cycle. Takahashi examines how Commons’ and Veblen’s dynamic theories share cumulative causation. He closes by positing that Commons’ transaction economics seeks “reasonable capitalism” through a virtuous cycle of reasonable value and generation of good business ethics.
This book will be attractive to researchers of institutional economics, political economy, heterodox economics, as well as the history of economic thought, law, and ethics.
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Shingo Takahashi is a professor at the Tokyo College of Transport Studies, Toshima, Tokyo, Japan. He has taught economics and the history of economic thought and studied the institutional economics of Commons for more than 20 years.
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Paperback. Condizione: new. Paperback. Takahashi reconstructs the key blocks of one of the founders of the institutional school, John R. Commons theories of the evolution of capitalism and of institutional change by taking the concept of transaction as a central point of departure.Commons theories continue to influence modern economics, and in this book, Takahashi scrutinizes his construction of transaction and its features and offers a reinterpretation of Commons institutional economics and transaction economics. He then explores how Commons analysis of going concerns (e.g., firms) has broader and deeper applications that extend to monetary policy, labor policy, and the business cycle. Takahashi examines how Commons and Veblens dynamic theories share cumulative causation. He closes by positing that Commons transaction economics seeks reasonable capitalism through a virtuous cycle of reasonable value and generation of good business ethics.This book will be attractive to researchers of institutional economics, political economy, heterodox economics, as well as the history of economic thought, law, and ethics. Takahashi reconstructs the key blocks of one of the founders of the Institutional school, John R. Commons theories of the evolution of capitalism and of institutional change by taking the concept of transaction as a central point of departure. It will interest researchers of institutional economics, political economy, heterodox economics. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Codice articolo 9781032701400
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Paperback. Condizione: new. Paperback. Takahashi reconstructs the key blocks of one of the founders of the institutional school, John R. Commons theories of the evolution of capitalism and of institutional change by taking the concept of transaction as a central point of departure.Commons theories continue to influence modern economics, and in this book, Takahashi scrutinizes his construction of transaction and its features and offers a reinterpretation of Commons institutional economics and transaction economics. He then explores how Commons analysis of going concerns (e.g., firms) has broader and deeper applications that extend to monetary policy, labor policy, and the business cycle. Takahashi examines how Commons and Veblens dynamic theories share cumulative causation. He closes by positing that Commons transaction economics seeks reasonable capitalism through a virtuous cycle of reasonable value and generation of good business ethics.This book will be attractive to researchers of institutional economics, political economy, heterodox economics, as well as the history of economic thought, law, and ethics. Takahashi reconstructs the key blocks of one of the founders of the Institutional school, John R. Commons theories of the evolution of capitalism and of institutional change by taking the concept of transaction as a central point of departure. It will interest researchers of institutional economics, political economy, heterodox economics. This item is printed on demand. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Codice articolo 9781032701400
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Condizione: New. Shingo Takahashi is a professor at the Tokyo College of Transport Studies, Toshima, Tokyo, Japan. He has taught economics and the history of economic thought and studied the institutional economics of Commons for more than 20 years.Taka. Codice articolo 3381499312
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