{"product_id":"9780887387975-institutional-economics-its-place-in-p","title":"Institutional Economics","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eIts Place in Political Economy, Volume 1. \u003cp\u003eCommons opened Institutional Economics by declaring: \u003cem\u003e\"My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action\u003c\/em\u003e\u003c\/p\u003e. \u003cp\u003eCommons opened Institutional Economics by declaring: \u003cem\u003e\"My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action.\"\u003c\/em\u003e This sentence well summarizes the three key elements of this book--its theoretical intent, the importance Commons gave to his own experience in institutional reform in shaping these ideas, and the focus on the concept of the institution as a collective constraint on individual action.\u003c\/p\u003e\n\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":40810212196449,"sku":"9780887387975","price":60.47,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/products\/stand_14031839_jpg.jpg?v=1708599128","url":"https:\/\/www.rarewaves.com\/products\/9780887387975-institutional-economics-its-place-in-p","provider":"Rarewaves.com","version":"1.0","type":"link"}