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The Use of Legal Theory in John R. Commons' Transactional Analysis

Thierry Kirat ()
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Thierry Kirat: TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique

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Abstract: Commons occupies a special position in institutionalism for his commitment to understanding the legal embedding of American capitalism and the relationship between the legal and economic orders. The article analyzes Commons' approach to law and characterizes his levels of analysis. Commons, notably in "Legal Foundations of Capitalism", read certain legal writings from which he drew lessons for his own analysis, in a double movement of influence and appropriation. He drew on Hohfeld's juridical matrix and some of his critics to develop his own theory of transactions

Keywords: Commons; Institutionalism; Legal theory; Hohfeld; Transactions (search for similar items in EconPapers)
Date: 2026
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Published in Evolutionary and Institutional Economics Review, inPress

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-05467223

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