Transaction Economics of John R. Commons PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Transaction Economics of John R. Commons PDF full book. Access full book title Transaction Economics of John R. Commons by Shingo Takahashi. Download full books in PDF and EPUB format.

Transaction Economics of John R. Commons

Transaction Economics of John R. Commons PDF Author: Shingo Takahashi
Publisher: Taylor & Francis
ISBN: 1040166504
Category : Business & Economics
Languages : en
Pages : 188

Book Description
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. Commons’ theories continue to influence modern economics, and in this book, Takahashi scrutinizes his construction of transaction and its features and offers a reinterpretation of Commons’ institutional economics and transaction economics. He then explores how Commons’ analysis of going concerns (e.g., firms) has broader and deeper applications that extend to monetary policy, labor policy, and the business cycle. Takahashi examines how Commons’ and Veblen’s dynamic theories share cumulative causation. He closes by positing that Commons’ transaction economics seeks “reasonable capitalism” through a virtuous cycle of reasonable value and generation of good business ethics. This book will be attractive to researchers of institutional economics, political economy, heterodox economics, as well as the history of economic thought, law, and ethics.
➤