The Founding of Institutional Economics

As a tribute to Veblen's The Theory of the Leisure Class and Commons' A Sociological View of Sovereignty, Warren Samuels has assembled an international group of scholars to produce this landmark volume celebrating the centenary. The chapters assess the work of Veblen and Commons and their influence on the school of institutional economics from a variety of theoretical perspectives. The contributions on Veblen appraise his anthropological analysis of consumption habits of American households from sociological, linguistic and feminist points of view. The essays on Commons' work focus on the concepts of property, power and the relationship between legality and economics.