In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the first time.

Most heterodox theories of the business enterprise base themselves on the Veblenian going concern in which managers pursue the long-run survival and growth of the enterprise, whereas absentee owners are occupied with short-run financial interests. Since Veblen’s era, the capitalist social...

Recently, a debate has ensued as to whether neoclassical economics has jettisoned its inward looking, reductionism of the past in favour of a more open evolutionary style, making it more compatible with institutional economics. Paul Seabright's, The Company of Strangers: A Natural History of...