Social institutions are persistent regularities in contracting and other relations amongst men and in the unintended consequences of such rule-like behavior. They include morality and law as well as institutions of governance such as branding and advertising. Institutions are studied in all...

The creation and effects of social capital have seldom been a target for systematic analysis in orthodox economics. The purpose of the paper is to argue that in order to include social capital, along with physical and human, into economic analysis, we have to regard human preferences as...

Occupational restructuring means that worker skills need to be updated, broadened or totally renewed. This report focuses on persons whose employment prospects have been particularly challenged by occupational restructuring: persons who in the mid-1990s were employed in occupations characterized...

Occupational restructuring means that worker skills need to be updated, broadened or totally renewed. This report focuses on persons whose employment prospects have been particularly challenged by occupational restructuring: persons who in the mid-1990s were employed in occupations characterized...