Legal Foundations of Capitalism With a new introduction by Jeffe. Biddle & Warren J. Samuels
Auteur : Commons John R.
In what has universally been recognized as a classic of institutional economics, John R. Commons combined the skills of a professional economist, the sensibilities of an American historian, and the passion of an active participant in the conflicts of individuals, self-interest of groups, and function of voluntary associations.
The aim of this volume is to work out an evolutionary and behavioral theory of value. In order to do so thoroughly, Commons examines the decisions of the courts. Doing so compelled an examination of what the courts mean by reasonable value. Commons found that the answer was tied up with a notion of reasonable conduct. It was Commons who carried the study of the habits and customs of social life to the next stage: the decisions of the courts that are based on custom and that profoundly impact the nature and function of the economic system as such.
Reviewing Legal Foundations of Capitalism, Wesley Mitchell declared that Commons carried this "analysis further along his chosen line than any of his predecessors. Into our knowledge of capitalism he has incorporated a great body of new materials which no one else has used adequately." And writing in the same American Economic Review twenty-one years later, Selig Perlman noted that "To Commons the workingmen were not abstract building blocks out of which a favored deity called History was to shape the architecture of the new society, but concrete beings with legitimate ambitions for a higher standard of living and for more dignity in their lives." This edition is graced with a special introduction that places Commons in proper academic as well as intellectual context.
Date de parution : 01-1995
15.2x22.9 cm
Date de parution : 10-2017
15.2x22.9 cm
Thèmes de Legal Foundations of Capitalism :
Mots-clés :
Slaughter House Cases; slaughter; Incorporeal Property; house; Opposite Parties; cases; Military Tenures; fourteenth; Minnesota Rate Case; amendment; Business Process; common; Economic Rent; law; Munn Case; incorporeal; King’s Prerogative; property; Common Law Courts; munn; Net Operating Income; liberties and rights; Common Law Meaning; complex human relationships; Volitional Theory; capitalistic market forms; Economic Coercion; volitional theory of psychology; Industrial Government; Fourteenth Amendment; Physical Things; Justice Brewer; Despotic Dominion; Hedonic Economists; Lawful Money; Business Goodwill; Chief Tenants; Maximum Net Income; Remedial Powers