Institutional economics
id:
institutional-economics-171-11958485
title:
Institutional economics
text:
Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 American Economic Review article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a
brand slug:
wiki
category slug:
encyclopedia
description:
Economics that focuses on institutions
original url:
https://en.wikipedia.org/wiki/Institutional_economics
date created:
2004-07-27T00:25:33Z
date modified:
2024-09-01T08:38:38Z
main entity:
{"identifier":"Q1118654","url":"https://www.wikidata.org/entity/Q1118654"}
image:
fields total:
13
integrity:
15