Institutional Analysis and Praxis

1. Front Matter

   Pages i-xiii

   PDF

2. Institutionalist Theory, Philosophy, and Methodology for Applied Research

   1. Front Matter

      Pages 24-24

      PDF

   2. The Social Fabric Matrix Approach to Policy Analysis: An Introduction

      • Scott T. Fullwiler, Wolfram Elsner, Tara Natarajan

      Pages 1-22

      PDF

   3. The Economy as an Open System: An Institutionalist Framework for Economic Development

      • Richard V. Adkisson

      Pages 25-38

      PDF

   4. The Social Fabric Matrix, the Principles of Institutional Adjustment, and Individual Action

      • James I. Sturgeon

      Pages 39-54

      PDF

   5. The Normative Matrix of Social Costs: Linking Hayden’s Social Fabric Matrix and Kapp’s Theory of Social Costs

      • Sebastian Berger

      Pages 55-67

      PDF

   6. Convergence of the Social Fabric Matrix and Complex Modeling

      • Michael J. Radzicki

      Pages 69-85

      PDF

   7. Tackling ‘Wicked’ Problems Holistically With Institutionalist Policymaking

      • Matthew Gray, Roderic A. Gill

      Pages 87-102

      PDF

   8. Normative Analysis of Instituted Processes

      • F. Gregory Hayden

      Pages 103-120

      PDF

3. Applications of the Social Fabric Matrix Approach

   1. Front Matter

      Pages 122-122

      PDF

   2. The Social Fabric Matrix Approach to Central Bank Operations: An Application to the Federal Reserve and the Recent Financial Crisis

      • Scott T. Fullwiler

      Pages 123-169

      PDF

   3. Microcredit and Reconstruction in Afghanistan: An Institutionalist Critique of Imported Development

      • Saeed Parto, Akshay Regmi

      Pages 171-208

      PDF

   4. Utilization of the Social Fabric Matrix to Articulate a State System of Financial Aid for Public Schools and to Derive Conceptual Conclusions

      • F. Gregory Hayden

      Pages 209-235

      PDF

   5. Application of the ithink ® System Dynamics Software Program to the Social Fabric Matrix to Analyze Public School Finance Systems

      • Jerry L. Hoffman

      Pages 237-253

      PDF

   6. Ceremonial Dimensions of Market-Based Pollution Control Instruments: The Clean Air Act and the Cap-and-Trade Model

      • Steven R. Bolduc

      Pages 255-272

      PDF

   7. Service Access Rigidities in Rural Alaska

      • Wayne Edwards

      Pages 273-290

      PDF

   8. Indian Agriculture in a Liberalized Landscape: The Interlocking of Science, Trade Liberalization, and State Policy

      • Tara Natarajan

      Pages 291-314

      PDF

   9. Implementation of Analytical Devices and the Interactive Social Fabric Matrix Website

      • Tristan Markwell

      Pages 315-329

      PDF

4. Conclusion

   1. Front Matter

      Pages 332-332

      PDF

   2. The Impact of the Social Fabric Matrix in Analysis and Policy Advice

      • Richard V. Adkisson

      Pages 333-343

      PDF

There has never been a better time for the social fabric matrix. As this book is being published, the idea that unregulated market capitalism leads to the best of all possible worlds has been thoroughly discredited. A series of economic and social problems have come to the forefront of national discussion and policy debates. There is now widespread acceptance that human activity, particularly the consu- tion of nonrenewable energy resources, has contributed to global warming. The lack of oversight of the financial industry encouraged reckless practices that endangered the stability of the entire financial system, prompting bailout efforts based on the fragile interdependence of the financial and economic systems. The shortcomings of our health care system are increasingly evident, including the growing number of uninsured citizens, the difficulties for businesses in offering health insurance, and the effects of health and health care on the ability of individuals and families to maintain a decent standard of living. Perhaps the best illustration of a complex system that cries out for coordinated policy-making is in the critical area of energy, where public and private decisions on energy policy not only have direct effects on consumer costs, but also have effects on global warming, local ecosystems, int- national relations, the health of our citizens, and the sustainability of companies and communities. In short, there is growing recognition of the interdependence of the economic system with the environment and the broader institutions of society.

• Development Economics
• Evaluation
• History of Economic Thought
• Institution
• Institutional Economics
• Methodology
• Monetary Economics
• Policy
• Policymaking
• Social Fabric Matrix
• education
• environment
• institutional analysis
• political economy
• school

"Institutional Analysis and Praxis: The Social Fabric Matrix Approach… is interesting and thought-provoking.  The book should fill or create a good size niche in modeling the effects of economic and social institutions on development, in part because it includes values directly in the model." – Glen Atkinson, University of Nevada, Reno

 

"The book is concerned with a demonstration of the methodological and analytical importance of the Social Fabric Matrix (SFM) and its application to a wide variety of real-world policy problems.  As such, it is the first book of its kind, drawing on the contributions of economic scholars who are doing pioneering work in the application of the SFM to economic policy problems.  It is, in short, a ground-breaking enterprise." – Paul Bush, CSU Fresno

 

" [This book] offers a fresh perspective, as this is the first contribution that would underscore Hayden’s contribution… The editors have assembled one of the finest collections of contemporary Institutionalist thinkers that appears to have been assembled." – John Hall, Portland State University

• St. Michael's College, Colchester, U.S.A.

  Tara Natarajan

• FB Wirtschaftsfwissenschaften, Universität Bremen, Bremen, Germany

  Wolfram Elsner

• Wartburg College, Waverly, U.S.A.

  Scott Fullwiler

Policies and ethics