Economic Ideas of Johan Rogers Commons
The following points highlight the top ten economic ideas of Johan Rogers Commons. The economic ideas are: 1. Economic Institutions 2. Institutional Economics 3. Pragmatic Approach 4. Economic Transactions 5. Theory of Going Concerns 6. Public Utility Theory of Labour 7. Capitalism 8. Explanatory Principles 9. Collective Action 10. Economic Systems. Economic Idea # 1. Economic Institutions: In his book [...]