Shingo Takahashi

Transaction Economics of John R. Commons (eBook, ePUB)

Towards Reasonable Capitalism

• Format: ePub

Produktbeschreibung

Takahashi reconstructs the key blocks of one of the founders of the Institutional school, John R. Commons' theories of the evolution of capitalism and of institutional change by taking the concept of transaction as a central point of departure. It will interest researchers of institutional economics, political economy, heterodox economics.

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Produktdetails

• Verlag: Taylor & Francis
• Erscheinungstermin: 28. Oktober 2024
• Englisch
• ISBN-13: 9781040166505
• Artikelnr.: 72276583

Autorenporträt

Shingo Takahashi is a professor at the Tokyo College of Transport Studies, Toshima, Tokyo, Japan. He has taught economics and the history of economic thought and studied the institutional economics of Commons for more than 20 years.

Inhaltsangabe

Acknowledgments Introduction PART
Institution 1. Theory of transactions: the base of transaction economics of John R. Commons 2. Theory of going concern: organization and institution PART
Basis of cumulative causation: markets and business organizations 3. Pricing theory: pricing by scarcity, abundance, and stabilization 4. Business cycle theory: expectations and cumulative causation PART
Stabilization policy 5. Futurity and monetary policy: money and credit management 6. Labor theory and labor policy: labor problems and social security PART
Reasonable capitalism 7. Theory of reasonable value: rationing transactions and institutional adjustment 8. Commons' transaction economics and new institutional economics: markets, organizations, and state Conclusion