Institutional Law and Economics: The Legal-Economic Nexus

This is the third of a four-part series in which the author reflects on four decades of studying and working in the institutionalist tradition of economics . Dr. Charles Whalen is a visiting scholar at the Baldy Center for Law and Social Policy, University at Buffalo, and served as the 2018 president of the Association for Evolutionary Economics, an international organization for economists and other social scientists seeking to advance the institutionalist tradition . Whalen's remarks are summarized in four parts: Beginnings ; The Nature of Institutional Economics ; John R. Commons’s Continuing Relevance; and Assessing the Economy , and will be released each Monday from February 10th to March 2nd, 2020. Reflections of an Institutional Economist Charles Whalen [1] Part III. Reclaiming the “Right to Work” as a Progressive Cause: John R. Commons’s Continuing Relevance Today in the United States, a number of members of Congress — including some running for Pres

This is the second of a four-part series in which the author reflects on four decades of studying and working in the institutionalist tradition of economics . Dr. Charles Whalen is a visiting scholar at the Baldy Center for Law and Social Policy, University at Buffalo, and served as the 2018 president of the Association for Evolutionary Economics, an international organization for economists and other social scientists seeking to advance the institutionalist tradition . Whalen's remarks are summarized in four parts: Beginnings ; The Nature of Institutional Economics; John R. Commons’s Continuing Relevance ; and Assessing the Economy , and will be released each Monday from February 10th to March 2nd, 2020. Reflections of an Institutional Economist Charles Whalen [1] Part II: What Is Institutional Economics? Institutional economists often define their conception of economics as the science of social provisioning—the study of the ongoing process that “provides