Economic, Political, and Social Institutions
Surveys theories of institutions based on economic, political and social perspectives with three parts: (1) an examination of what institutions are, how they originate, how they change, and why they often don't change; (2) consideration of the effects of different institutional arrangements on development, growth, and stability in nations; (3) normative theories of evaluation and comparison—are some institutions better than others, and how could we tell? Covers selections from Aristotle, Buchanan, Dewey, Durkheim, Marx, North, Ostrom, Weber, as well as other thinkers. Prerequisite: introductory course in political philosophy. One course.