This book is based on the premise that mainstream economics has become excessively specialized and formalized, entering a state of de facto withdrawal from the study of the economy in favour of exercises in applied mathematics. The editors believe that there is much scope for synergies by...

Bringing together eleven new studies on institutional change, this book includes new theoretical contributions as well as applications of theories of institutional change in studies of organizational change, welfare state reform, EU institutions, post-communist transformation and third-world...

The concept of institutions has become increasingly important in the analysis of both social cohesion and economic change. Institutions and Economic Change reflects the shift of perspective from the allocation of scarce resources to the creation, distribution and use of new resources, especially...