Institutional Economics (Volume 1)

Author: John R. Commons (USA)
Publisher:
Publish Date: July 25, 1962
Features: The Economics of Institutions is one of the major works of John R. Commons (1862–1945), a bourgeois economist in the United States. In addition to this work, he also wrote The Distribution of Wealth (1893), American Industrial Society: A Documentary History (1910), A History of American Labor (1918), The Legal Foundations of Capitalism (1924), and The Economics of Collective Action among others. The Economics of Institutions，。。，developed country. At the same time, it was precisely in the United States that the contradictions of capitalism weremost glaring, and the labor movement was increasingly expanding. To deceive the people, monopolistic capitalists needed to beautify monopolistic capitalism and seek a magic cure for capitalism. The institutional school emerged to meet this need.