Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
John R. Commons - Since institutional economics is...
Since institutional economics is behavioristic, and the behavior in question is none other than the behavior of individuals while participating in transactions, institutional economics must make an analysis of the economic behavior of individuals. (John R. Commons)

Since institutional economics is behavioristic, and the behavior in question is none other than the behavior of individuals while participating in transactions, institutional economics must make an analysis of the economic behavior of individuals.

John R. Commons

Related topics

analysis behavior economics none question while

Related quotes

As long as one does not call his own position into question but regards it as absolute, while interpreting his opponents' ideas as a mere function of the social positions they occupy, the decisive step forward has not yet been taken. View quote
Karl Mannheim
The paramount question of the day is not political, is not religious, but is economic. The crying-out demand of today is for a circle of principles that shall forever make it impossible for one man to control another by controlling the means of his existence. View quote
Voltairine de Cleyre
My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy. View quote
James Meade
If we put our trust in the common sense of common men and 'with malice toward none and charity for all' go forward on the great adventure of making political, economic and social democracy a practical reality, we shall not fail. View quote
Henry A. Wallace
The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the chemist. View quote
George Stigler