What types of products do institutions produce? Institutional logics
Institutional Logic: way of thinking
- Material practices, what you do
o Formal laws (the state), getting married (family), raising kids, taking tests
- Symbolic instructions, why you do
November 3, 2011
Institutional logics supply the guiding principles and norms to inform social thought and
behavior. Individual and organizational behavior vary institutionally and each institution has a
central logic which may constrain
September 21, 2011
The Communist Manifesto by Karl Marx and Friedrich Engels
1. What is class? What are differences between the bourgeoisie and the proletariat?
Class is a complex arrangement of society into different orders; each order is a
Capital, Volume 1 by Karl Marx
Note: the abridged edition of Capital, Volume 1 that we read was published by Regnery
Publishing, the self-described leading conservative publisher in America.
1. What is variable capital? What is constant capital? What is t
18 November, 2011
Creation of the Firm: More than Reducing Market Costs
Neoclassical economists believe that the market is coordinated by and dependent on the
price mechanism which allocates resources and allows the market to work itself (Coase 1937).