The report looks into the relationship between creativity and the social structures based on a book review. Economic … activity based on creativity has become especially important in developed economies where the issue has been to find activities … that relate well with high wage level. Creativity springs from an individual and it bases on individual qualities, but the …

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 approaches and schools of economics, and each involves its peculiar emphases. The …