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...