Author : John Rogers Commons
Publisher : Transaction Publishers
Page : 688 pages
File Size : 45,5 Mb
Release : 2024-07-01
Category : Business & Economics
ISBN : 9781412826327
Institutional Economics. Vol. I by John Rogers Commons Pdf
Commons opened Institutional Economics by declaring: "My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action." This sentence well summarizes the three key elements of this book--its theoretical intent, the importance Commons gave to his own experience in institutional reform in shaping these ideas, and the focus on the concept of the institution as a collective constraint on individual action.