Cover image for Sufficient reason : volitional pragmatism and the meaning of economic institutions
Title:
Sufficient reason : volitional pragmatism and the meaning of economic institutions
Author:
Bromley, Daniel W., 1940-
ISBN:
9781400832637
Publication Information:
Princeton, N.J. ; Oxford : Princeton University Press, 2009.
Physical Description:
1 online resource (x, 244 pages) : illustrations
Abstract:
In the standard analysis of economic institutions--which include social conventions, the working rules of an economy, and entitlement regimes (property relations)--economists invoke the same theories they use when analyzing individual behavior. In this profoundly innovative book, Daniel Bromley challenges these theories, arguing instead for "volitional pragmatism" as a plausible way of thinking about the evolution of economic institutions. Economies are always in the process of becoming. Here is a theory of how they become. Bromley argues that standard economic accounts see institutions as mer.
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