{"product_id":"9780521599726","title":"Institutional Economics Revisited","description":"Shigeto Tsuru is one of Japan's most respected senior economists. In these lectures, he provides a reappraisal of institutionalism as a school of thought and discusses its relevance for the issues which the economic profession today must tackle. Tsuru reconsiders Marxian political economy as an 'institutionalist school', which provides a context for the following discussion of J. M. Keynes, Joseph Schumpeter and Thorstein Veblen. He goes on to present the four key elements of modern institutionalism - i.e., the open-system character of the economy; the problem of planning; the evolutionary process of modern economics; and the normative character of economics - by way of an examination of three present-day institutionalists, Gunnar Myrdal, John K. Galbraith, and K. William Kapp. Tsuru concludes with an evaluation of modern institutionalism and the future of institutional economics.","brand":"Shigeto Tsuru","offers":[{"title":"Default Title","offer_id":45780257636670,"sku":"9780521599726","price":1750.27,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4357\/7662\/products\/9780521599726_94d964ff-b89b-4ce8-98a4-668295d7e65c.jpg?v=1707291700","url":"https:\/\/exclusivebooks.co.za\/products\/9780521599726","provider":"Exclusive Books Online","version":"1.0","type":"link"}