Institutional Economics Av John Groenewegen, Antoon Spithoven, Van Den Berg

<p>The Dutch sculptor Eja Siepman van den Berg (*1943) developed her distinctive visual program in the early 1970s. Her representations of the human body in bronze and stone bear witness to her interest in a harmonious figuration and the principles...

<p>Commons opened Institutional Economics by declaring: <em>"My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action."</em>...

<P>Institutional economics claims that institutions and policies rather than the size of labour force, technology or capital investment are pivotal for growth or under-development. In this regard there are two kinds of institutions: external institutions...