Institutional Economics

Discover the profound insights of "Institutional Economics" by Malcolm Rutherford, published by Taylor & Francis Ltd in 2017. This compelling hardback edition spans 308 pages and delves into critical issues within the field of economics. Rutherford explores John R. Commons' pragmatism and challenges traditional views by emphasizing the significance of scarcity and conflict, rather than the assumed harmony of interests. Additionally, the book highlights the vital role of custom and common law, contrasting these elements with individual pleasures and pains. Perfect for students and professionals alike, "Institutional Economics" offers a fresh perspective on economic theories and practices. Enhance your understanding of institutional economics today!