Law and economic order in John R.Commons thought

Sebastião Guedes ()

Brazilian Journal of Political Economy, 2013, vol. 33, issue 2, 281-297

Abstract: The paper has analyzed the John R. Commons' contribution to the comprehension of the Law and Economics relationship. In contrast to the orthodox economics, Commons has shown that the capitalist economic order emerges and function regulated by laws and institutions. This approaches made possible to him to understand the nature of the modern capitalist wealth and the problems that time introduce in the economic transactions. JEL Classification: B15; B31.

Keywords: institutional economics; law and economics; regulated order (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:33:y:2013:i:2:p:281-297:id:312

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