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John R. Commons: Selected Essays

John R. Commons: Selected Essays
Author: Malcolm Rutherford
Publisher: Routledge
Total Pages: 258
Release: 2020-03-10
Genre: Business & Economics
ISBN: 1134775571

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John R. Commons is one of the most significant figures in the development of American economics. One of the founders of the Institutional school, Commons developed theories of the evolution of capitalism and of institutional change which continue to influence modern economics. These volumes collect, for the first time, his major essays and articles.


John R. Commons

John R. Commons
Author: Malcolm Rutherford
Publisher:
Total Pages:
Release: 1996
Genre: Economics
ISBN: 9780203216736

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John R. Commons: Selected Essays

John R. Commons: Selected Essays
Author: Malcolm Rutherford
Publisher: Routledge
Total Pages: 257
Release: 2020-03-10
Genre: Business & Economics
ISBN: 1134775563

Download John R. Commons: Selected Essays Book in PDF, ePub and Kindle

John R. Commons is one of the most significant figures in the development of American economics. One of the founders of the Institutional school, Commons developed theories of the evolution of capitalism and of institutional change which continue to influence modern economics. These volumes collect, for the first time, his major essays and articles.


Contemporary Meanings of John R. Commons’s Institutional Economics

Contemporary Meanings of John R. Commons’s Institutional Economics
Author: Hiroyuki Uni
Publisher: Springer
Total Pages: 242
Release: 2017-02-03
Genre: Business & Economics
ISBN: 9811032025

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This book is the first to reinterpret John R. Commons's Institutional Economics with a newly discovered manuscript written in 1927 in order to find its contemporary meanings in economic theories. Commons aimed to establish institutional economics to understand capitalism in the USA of that time, when people’s collective actions were gaining importance with the emergence of powerful labor unions, oligopolistic corporations, and national judicial systems. Setting three types of transactions as his central concepts for analysis, Commons described dynamics of capitalism as multiple and cumulative causal processes of transactions, through which the final goal should be achievements of a "reasonable value". He also believed that the reasonable value could be achieved by the evolution of institutions. There is no doubt that Commons's ideas proposed in Institutional Economics such as transactions and collective actions greatly inspired later economists; however, few studies have contributed to comprehensive understanding of the origin of his masterpiece. To what extent and in what sense had Commons rejected or accepted previous classical economics or marginalism for constituting his original institutional economics? What are the meanings and limitations that reasonable value may have for contemporary political economy? Institutional Economics as attempts to resolve deep economic problems at that time. Commons's efforts create important implications for us, those who are living in an era after the global financial crisis and confronting various challenges to political economy.


The Relational View of Economics

The Relational View of Economics
Author: Lucio Biggiero
Publisher: Springer Nature
Total Pages: 328
Release: 2022-02-02
Genre: Business & Economics
ISBN: 3030865266

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This book contributes to the development of a relational view of economics. Bringing together experts from various disciplines, it offers an interdisciplinary perspective on the study of relational transactions. In contrast to discrete market transactions as a traditional subject of economic discourse, the book analyses the role of relational transactions in the study of economic phenomena. The contributing authors address topics such as global intra- and inter-company networks, intersectoral stakeholder management, relational contracts, and transcultural management approaches. Accordingly, the book makes an important contribution to an emerging field of research.


Metaphysics of Trust

Metaphysics of Trust
Author: Michaël Suurendonk
Publisher: Springer Nature
Total Pages: 165
Release: 2022-04-22
Genre: Business & Economics
ISBN: 3030957268

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This book provides the foundations of trust amidst radical uncertainty. Specifically, it addresses the question of under what condition it is possible to trust relative strangers. As the first logical investigation of its kind, the book breaks with many preconceived ideas we have about trust and the scientific method that leads to its clarification. It builds on the insight that, contrary to widespread belief, it is not risk but freedom that is most fundamental for explaining trust. In fact, trust is the giving of freedom, out of freedom, and one’s consciousness of the potential risks involved merely disturbs one’s ability to trust. The book makes the twofold normative claim that any legitimate scientific preoccupation with trust must necessarily include the concept of freedom in its account, and that theories of trust that run against the logical prerequisites of freedom are a-priori falsified. It presents a theoretical proposal that makes sure that trust, instead of being constructed as a passive and functional “illusion” of natural love, is understood as the necessary product of an active reason that is oriented towards developing human autonomy.


A Modern Guide to Knowledge

A Modern Guide to Knowledge
Author: Francisco J. Carrillo
Publisher: Edward Elgar Publishing
Total Pages: 459
Release: 2022-11-18
Genre: Business & Economics
ISBN: 1800378637

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Outlining an integrative theory of knowledge, Francisco Javier Carrillo explores how to understand the underlying behavioural basis of the knowledge economy and society. Chapters highlight the notion that unless a knowledge-based value creation and distribution paradigm is globally adopted, the possibilities for integration between a sustainable biosphere and a viable economy are small.


The Employee

The Employee
Author: Jean-Christian Vinel
Publisher: University of Pennsylvania Press
Total Pages: 302
Release: 2013-07-26
Genre: History
ISBN: 0812209230

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A political, legal, intellectual, and social history of employment in America In the present age of temp work, telecommuting, and outsourcing, millions of workers in the United States find themselves excluded from the category of "employee"—a crucial distinction that would otherwise permit unionization and collective bargaining. Tracing the history of the term since its entry into the public lexicon in the nineteenth century, Jean-Christian Vinel demonstrates that the legal definition of "employee" has always been politically contested and deeply affected by competing claims on the part of business and labor. Unique in the Western world, American labor law is premised on the notion that "no man can serve two masters"—workers owe loyalty to their employer, which in many cases is incompatible with union membership. The Employee: A Political History historicizes this American exception to international standards of rights and liberties at work, revealing a little known part of the business struggle against the New Deal. Early on, progressives and liberals developed a labor regime that, intending to restore amicable relations between employer and employee, sought to include as many workers as possible in the latter category. But in the 1940s this language of social harmony met with increasing resistance from businessmen, who pressed their interests in Congress and the federal courts, pushing for an ever-narrower definition of "employee" that excluded groups such as foremen, supervisors, and knowledge workers. A cultural and political history of American business and law, The Employee sheds historical light on contemporary struggles for economic democracy and political power in the workplace.


The Founding of Institutional Economics

The Founding of Institutional Economics
Author: Warren Samuels
Publisher: Routledge
Total Pages: 335
Release: 2002-01-08
Genre: Business & Economics
ISBN: 1134661401

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Institutional economics has been a major part of economic thought for the whole of the twentieth century, and today remains crucial to an understanding of the development of heterodox economics. The two principal publications that founded the school were Veblen's The Theory of the Leisure Class and Commons's A Sociological View of Sovereignty, both published in 1899. As a tribute to these two seminal works, Warren Samuels has assembled an exceptionally prestigious international group of scholars to produce this landmark volume celebrating the centenary. The chapters assess the work of Veblen and Commons and their influence on the school of institutional economics from a variety of theoretical perspectives. The contributions on Veblen appraise his anthropological analysis of consumption habits of American households from sociological, linguistic and feminist points of view. Conversely, the essays on Commons's work focus on the concepts of property, power and the relationship between legality and economics.