Routledge The Foundations of Institutional Economics - K. William Kapp

Explore the essential principles of institutional economics with this groundbreaking work by K. William Kapp. As part of the Routledge Advances in Heterodox Economics series, this book offers a comprehensive look at how institutions drive economic development, capital formation, and technological dynamics. Kapp provides an accessible framework for understanding the economic role of institutions in modern society. This text draws on the work of influential thinkers such as Thorstein Veblen, John Kenneth Galbraith, and Gunnar Myrdal to build a strong case for the importance of institutional structures. By pulling together diverse arguments, Kapp establishes institutional economics as a distinct and coherent framework of analysis. This book is a vital resource for students, researchers, and anyone interested in business and economic history who wants to understand the forces that shape our economic systems.