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    Institutional economics views the evolution of economic institutions as part of broader cultural development. It flourished as a school of economics in the United States during the 1920s and 1930s. Institutional economics considers how economic institutions evolve over time as part of cultural change, rather than focusing only on individual choices or market equilibrium.

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    Institutional economics views the evolution of economic institutions as part of broader cultural development. It flourished as a school of economics in the United States during the 1920s and 1930s. Institutional economics considers how economic institutions evolve over time as part of cultural change, rather than focusing only on individual choices or market equilibrium.

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    6 views1 page

    Envio 4

    Uploaded by

    Abdias Costa
    Institutional economics views the evolution of economic institutions as part of broader cultural development. It flourished as a school of economics in the United States during the 1920s and 1930s. Institutional economics considers how economic institutions evolve over time as part of cultural change, rather than focusing only on individual choices or market equilibrium.

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    Institutional economics | economics | Britannica https://www.britannica.com/topic/institutional-e...

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    Home  Politics, Law & Government  Economics & Economic Systems

    Institutional economics
    economics

    WRITTEN BY
    The Editors of Encyclopaedia Britannica
    Encyclopaedia Britannica's editors oversee subject
    areas in which they have extensive knowledge,
    whether from years of experience gained by working
    on that content or via study for an advanced degree....
    See Article History

    Alternative Titles: AIE, American institutional economists,


    institutionalism

    Institutional economics, also known as


    institutionalism, school of economics
    that flourished in the United States during
    the 1920s and ’30s. It viewed the
    evolution of economic institutions as part
    of the broader process of cultural
    development.

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    1 of 1 25/08/2020 17:53

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