The purpose of this work is the study of the institutional transformation problem in the Forest industry of Irkutsk province, determination of the most prospective ways of reforming of the Forest industry in the context of local institutional structure transformation, determination and...

The aim of this paper is to provide an assessment of John R. Commons’ adoption of Wesley N. Hohfeld’s framework of jural opposites and correlatives in order to construct his transactional approach to the study of institutions. Hohfeld’s influence on Commons, it is argued, was both positive...

The new institutional economics critique on ECLA thought: the institutional dimension and the role of ideology in economic development - This paper aims at discussing the validity of criticism raised by New Institutional Economics against ECLA (or Cepal) explanation of Latin America economic...

The paper aims to investigate the main characteristics of institutions, as well as some of their more conspicuous peculiarities, as, for instance, their resistance to change, chiefly when compared to the capacity and speed of transformation of what is called the other social factors (or...

Neo-Schumpeterianism appeared in literature as a heterodox current and belongs to the evolutionary theories category. It works around and with innovation, considered to be a proper tool for measuring the qualitative changes which occur within an economy. The joint efforts of evolutionary...

The paper aims to investigate the main characteristics of institutions, as well as some of their more conspicuous peculiarities, as, for instance, their resistance to change, chiefly when compared to the capacity and speed of transformation of what is called the other social factors (or...

The purpose of this paper is to provide an exposition of Veblen's and Minsky's views on the financial markets and to explore the possibility of any common denominators. I stress that they both bring forward the importance of leverage as a path-breaking insight, as well as of liquidity and...

This review of the book by Thomas Piketty, The capital in the XXI century, presents the central themes of the work and exposes its scope on the relationship between inequality and wealth. In particular a positive reflections on the progressive tax is added.

This review of the book by Thomas Piketty, the capital in the XXI century, presents the central themes of the work and exposes its scope on the relationship between inequality and wealth. In particular a positive reflections on the progressive tax is added.