This book is about the conceptual foundations of an intermediate way between liberalism and socialism. From a standpoint of economic theory, this middle way is

This book is a comprehensive survey of 'neoinstitutional economics', which integrates different economic theories.

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis

This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent yea

This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical