Description
Institutional economics has been a major part of economic thought for the whole of the 20th century, and still remains crucial to the understanding of the development of heterodox economics. The two principal publications which founded the school were Veblen's The Theory of the Leisure Class and Commons's A Sociological View of Sovereignty , both published in 1899. As a tribute to these two seminal works, a prestigious international group of scholars has been assembled to produce this volume celebrating the centenary. The chapters assess the work of Veblen and Commons and their influence on the school of institutional economics from a variety of theoretical perspectives. The contributions on Veblen appraise his anthropological analysis of promotional habits of American households from sociological, linguistic and feminist points of view. Conversely, the essays on Commons's work focus on the concepts of property, power and the relationship between legality and economics. The following have contributed: Glen Atkinson, Philipe Broda, E. Ray Canterbery, Richard Dawson, Richard Gonce, David Hamilton, Lewis E. Hill, Geoffrey Hodgson, Ann Jennings, Margaret Lewis, Anne Mayhew, Steven G
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