Institutional Evolution through Purposeful Selection: The Constitutional Economics of John R. Commons |
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Authors: | Viktor J. Vanberg |
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Affiliation: | (1) Institut für Allgemeine Wirtschaftsforschung, Abt. Wirtschaftspolitik, Universität Freiburg, Platz der Alten Synagoge, D-79085 Freiburg, Germany |
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Abstract: | The paper relates John. R. Commons view on the roleof human design in institutional evolution to the views thathave been advanced on this matter by F. A. Hayek, in German ordo-liberalism,and in constitutional political economy. It is argued that Commonsconcept of purposeful selection points in the direction ofa theoretical perspective that consistently integrates the notionsof institutional evolution and constitutional design. |
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