Modern Foreign Economics Series -- New Institutionalism

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Features: A comprehensive and systematic introduction to the classics of foreign economic theory. It covers the century-long tide of modern economic theory and explores future trends in global economic development. Target Audience: Domestic experts and professors for research and discussion, college and university teachers and students for essential reading, government officials for understanding economic trends, and business professionals for decision-making references.
Els, Foster, Tour, Bush, and Doug – these economists' names might be new to you. This book will tell you that their status in economic thought is no less than that of Samuelson and Friedman. You may have always believed that Galbraith is the representative of institutional economics, but this book will reveal that Galbraith's contribution to this school is far less than that of Tour and Bush. When it comes to the period of institutional economics, the first names that might come to mind are Coase, North, and Williamson, but this book will tell you that their theories are not the orthodox of institutional economics.
The above content may not align with the economic knowledge you possess. Is it your mistake, or is it the book's mistake? Neither! This is because Western economics is divided into orthodox and non-orthodox branches. What you usually encounter are orthodox economic theories, while the school we are studying here belongs to non-orthodox economics.