"The economic crisis that began in 2008 has underscored the impact not only of embedded and assumed ways of managing the economy, but also that present circumstances are the product of a long period of experimentation and bounded diversity; it is understanding the nature of both that forms a...

Acknowledgements -- Preface -- List of abbreviations -- Introduction -- Primary institutions : property rights, legal systems, the state - theories and concepts -- Meso-institutions : varieties of capitalism and comparative corporate governance : theories and concepts -- How did Britain's "good"...

This book uses an institutional-evolutionary approach to analyse economic problems associated with developments in capitalism during the second half of the twentieth century. It argues that economics should centre on institutions - the durable fabric of the economy over time. Drawing on the...

Before economists and sociologists came up with their own definitions of the term "capital", it was commonly understood as money invested in businesses by their owners or shareholders, and it continues to be understood this way in everyday business practice. In a recent article, Geoffrey Hodgson...

Chapter 1. Introduction: Inheritance from Marx, Keynes, and Institutionalism -- Chapter 2. Eiich Sugimoto’s Creative Rivalry in “Modern Economics” and the Present State of Economics -- Chapter 3. Shigeto Tsuru’s “Institutionalism in the Broad Sense” and Theories of Contemporary...