現代制度派経済学の構図

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  • The Composition of Contemporary Institutional Economics
  • ゲンダイ セイドハ ケイザイガク ノ コウズ

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The purpose of this article is to describe the complexity of contemporary institutional economics caused by the emergence of New Institutional Economics and the new movement in the economics of the Institutional School. After the second world war, the Association for Evolutionary Economics and the Association for Institutional Thought were established by institutionalists such as Gruchy, Ayres and Garnbs. Institutionalists such as Dugger, Stanfield and Waller Jr., who belonged to these associations, adopted the processual paradigm approach. In order to distinguish their approach from New Institutional Economics, they established Radical Institutionalism, which has succeeded Veblen's evolutionary concept about institutions and the instrumentalism of Dewey. The theory of institutional adjustment is a part of the theoretical foundations of Radical Institutionalism.

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