Commons opened Institutional Economics by declaring: "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." 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.
- ISBN10 0887388329
- ISBN13 9780887388323
- Publish Date 30 January 1989
- Publish Status Permanently Withdrawn
- Out of Print 4 June 2021
- Publish Country GB
- Publisher Taylor & Francis Inc
- Imprint Transaction Publishers
- Format Paperback
- Pages 800
- Language English