This collection is a most valuable updating of institutionalist perspectives and methods....This book should be read by all institutional economists and others interested in learning about contemporary institutionalism.
- Malcolm Rutherford, University of Victoria, Canada
Charles Whalen has assembled a team of distinguished authors....This lively, timely collection bridges original institutionalism with newer developments in theory and practice such as environmental sustainability, culture and gender, financialization, and innovative modeling.
- Deborah M. Figart, Stockton University, USA
This collection of essays reaffirms the vitality and ongoing potential of the original institutional economics of Thorstein Veblen, John R. Commons and others. This is an important and stimulating book for institutional researchers in economics and other disciplines.
- Geoffrey M. Hodgson, Loughborough University London, UK
Charles Whalen's edited volume is a major contribution to institutional economics and policy analysis. It can be read as an introduction to institutional economics or as a guide to what contemporary institutionalism is, where it is headed, and how it can contribute to a better world. Unlike many edited volumes, this one is a great read...Whalen should be congratulated for his judicious selection of both topics and contributors. There is not a weak chapter in this volume.
- Jim Peach, Journal of Economic Issues
Overall, the idea of a holistic and realistic purview of the economy, shaped by an ever-changing social and institutional environment, makes this book an important con-tribution to economic theory, policy, and education. The book's title implies that the only reason to study economics is to make this world a better place in which to live. I think this is a principle to be shared by all social scientists and it is one that is genuinely and whole-heartedly served by this book.
- Asimina Christoforou, Panoeconomicus
This collection is a most valuable updating of institutionalist perspectives and methods....This book should be read by all institutional economists and others interested in learning about contemporary institutionalism.
- Malcolm Rutherford, University of Victoria, Canada
Charles Whalen has assembled a team of distinguished authors....This lively, timely collection bridges original institutionalism with newer developments in theory and practice such as environmental sustainability, culture and gender, financialization, and innovative modeling.
- Deborah M. Figart, Stockton University, USA
This collection of essays reaffirms the vitality and ongoing potential of the original institutional economics of Thorstein Veblen, John R. Commons and others. This is an important and stimulating book for institutional researchers in economics and other disciplines.
- Geoffrey M. Hodgson, Loughborough University London, UK
Institutional Economics: Perspectives and Methods in Pursuit of a Better World provides an invaluable suite of contributions that demonstrates the relevance of the institutionalist tradition for the 21st century. Today's pre-eminent scholars extend the methods of Polanyi, Keynes, Commons, and Veblen (among others) through new applications and empirical techniques. As such, they create a body of knowledge upon which scholars, practitioners and activists can build to confront the ever-changing facets of our world. The book is a 'must have' reference.
- Susan K. Schroeder, University of Sydney, Australia
In the wake of the Covid-19 pandemic, societies will need to rethink the role of a market economy in social provisioning. Institutional Economics: Perspectives and Methods in Pursuit of a Better World contributes to that rethinking through its fresh attention to economists such as Veblen, Commons, Polanyi, Galbraith, and Minsky. The book's distinguished contributors advance institutionalism by highlighting the importance of culture, gender, finance, the environment, citizen engagement in problem solving, and a critical look at longstanding myths about market-based economies.
- Alicia Giron, National Autonomous University, Mexico
This book presents the contemporary state of institutional economics along with new methodologies....It is timely in that it enables economic analyses which consider not only efficiency but also pluralistic values including gender equality, worker wellbeing, and environmental protection.
- Hiroyuki Uni, Kyoto University, Japan
Whalen and his contributors provide much food for thought....Includes inquiry into instrumentalism, environmentalism, feminism, methodology and more.
- William M. Dugger, University of Tulsa, USA
