Discussion Papers 2017

CIRJE-J-284

『プラグマティズムと制度経済学の可能性-現代資本主義分析への適用-』

"Pragmatism and Institutional Economics Reinterpreted-An application to the analysis of modern capitalism-"

Author Name

柴田德太郎 (Tokutaro Shibata)

Date

March 2017

Full Paper

PDF file (only Japanese version available)

Remarks  
Abstract (in Japanese) Abstract (in English)

The purpose of this paper is to reevaluate Pragmatism and Institutionalism as the tool of analysis of modern capitalism. In the first part, we propose a new human being model that we human beings depend on the custom and rearrange it. This new model is based on the theory of C. S. Peirce. In the second part, we argue that the transaction of incorporeal property and intangible property is the main cause of the financial business cycle and financial crisis. This argument is based on the theory of J. R. Commons.