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Economic theory and institutions

Luigi L. Pasinetti

Structural Change and Economic Dynamics, 2021, vol. 56, issue C, 438-442

Abstract: Economic theory and institutional approaches lack a close connection. Efforts to develop an analysis of institutions within a neo-classical framework have shown serious limitations. A stronger relationship could be developed with classical and post-Keynesian economics, that provides the conditions for developing a unified theoretical framework in which to place the economic analysis of social institutions.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:56:y:2021:i:c:p:438-442

DOI: 10.1016/j.strueco.2019.12.005

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Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen

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