K. William Kapp was one of the leading 20 th century institutionalists and a founding member of the Association for Evolutionary Economics. This book was develo

This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for economic develop

Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the soci

A systemic account of how institutions shape economic development Institutions matter for economic development. Yet despite this accepted wisdom, new institutio

As today’s world develops and evolves, so does its economics. New economic approaches have begun to emerge, but traditional methods are still being implemente