Talk:Institutionalist political economy

Don't New Institutional economists think econmics can't be separated from the political and social system, too?[edit]

This line seems to be strange.

"Thinkers in Institutional political economy distinguish themselves from New Institutional economists who attempt to incorporate institutions and information into neoclassical economics. Instead, institutional political economists believe that economics cannot be separated from the political and social system within which it is embedded."

Then this line means that New Institutional economists think that economics can be separated from the political and social system?

As far as I know they don't think so and the fact that they don't think so is the reason they focus on institutions in the first place.

Don't New Institutional economists think econmics can't be separated from the political and social system, too?

Please correct this confusion by editing this article somehow.Cosfly (talk) 15:43, 28 June 2008 (UTC)[reply]

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Further illustration[edit]

I plan to add a new section to this text that briefly address different institutional approaches, as they have been identified by Ostrom^[1]. This will highlight modern paradigms within the institutional tradition and add more depth to the term, as the explanation now rests on its difference from neoliberal economics. In addition, I will provide some more illustration to institutional operationalizations of economic actors, beginning with a mention of corporations as responsible actors ^[2]. I hope that these contributions will improve the overall quality of the page and incorporate more writing from the institutionalist tradition, adding to the piece by Chang that is largely used on the page.

Quun88 (talk) 16:20, 26 April 2019 (UTC)[reply]

References

^ Ostrom, Elinor (2012). "Coevolving Relationships between Political Science and Economics". Rationality, Markets and Morals. 3: 51–65.
^ Campbell, John (2007). "Why Would Corporations Behave in Socially Responsible Ways? An Institutional Theory of Corporate Social Responsibility". Academy of Management Review. 32 (3): 946–967. JSTOR 20159343.

[1] Ostrom, Elinor (2012). "Coevolving Relationships between Political Science and Economics". Rationality, Markets and Morals. 3: 51–65.

[2] Campbell, John (2007). "Why Would Corporations Behave in Socially Responsible Ways? An Institutional Theory of Corporate Social Responsibility". Academy of Management Review. 32 (3): 946–967. JSTOR 20159343.

[1]

[2]