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Institutions and the Economy
Francesco Duina
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Description for Institutions and the Economy
Hardback. * Clear and concise book that explains how the functioning and shape of the economy depend upon social institutions. * Reveals the crucial role formal and informal institutions in everyday life play in how the economy works. Series: Polity Economy and Society Series. Num Pages: 180 pages. BIC Classification: JHB; KC. Category: (P) Professional & Vocational. Dimension: 210 x 158 x 21. Weight in Grams: 418.
Institutions are central to economic life. They have a major impact on consumer preferences, the actions and processes of firms, levels of wealth and poverty in countries, the growth of international trade, and much more. Indeed, none of the preconditions for economic activity - such as the existence of buyers and sellers, recognizable goods and services, and the information we need to make choices - would be in place without institutions. Institutions, then, do more than support economic life: they enable and shape it.
Institutions are central to economic life. They have a major impact on consumer preferences, the actions and processes of firms, levels of wealth and poverty in countries, the growth of international trade, and much more. Indeed, none of the preconditions for economic activity - such as the existence of buyers and sellers, recognizable goods and services, and the information we need to make choices - would be in place without institutions. Institutions, then, do more than support economic life: they enable and shape it.
These insights challenge some of the most basic postulates on modern economic theory and ... Read more
This accessible and engaging book will be essential reading for students of economic sociology, and all those interested in the intimate relationship between institutions and the economy.
Show LessProduct Details
Format
Hardback
Publication date
2011
Publisher
John Wiley and Sons Ltd United Kingdom
Number of pages
180
Condition
New
Series
Polity Economy and Society Series
Number of Pages
180
Place of Publication
Oxford, United Kingdom
ISBN
9780745648293
SKU
V9780745648293
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-11
About Francesco Duina
Francesco Duina is Professor of Sociology at Bates College, USA, and Visiting Professor at the Department of Business and Politics, Copenhagen Business School, Denmark.
Reviews for Institutions and the Economy
"I have been waiting a long time for a book like this. It's a fantastic overview of the institutionalist approach to economic sociology - the best discussion yet about how institutions affect the economy at the individual, organizational, national, and international levels. It is beautifully written and loaded with great examples. Who would have thought that paying a toll on ... Read more