An Institutionalist View of the Evolution of Economic Systems

Marc R. Tool

Chapter 15 in The Evolution of Economic Systems, 1990, pp 165-174 from Palgrave Macmillan

Abstract: Abstract In appreciation of Ota Sik’s distinguished career-long concern with the evolution of economic systems. I wish, in this chapter briefly to sketch fundamental theoretical characteristics of institutional economics and, in this context, to develop the institutionalist argument that the problem solving process accounts for the evolution of economic systems.2

Keywords: Economic System; Institutional Change; Coercive Power; Reliable Knowledge; Instrumental Behaviour (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11153-4_15

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DOI: 10.1007/978-1-349-11153-4_15

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