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

  • James I. Sturgeon
Chapter

Abstract

The social fabric matrix (SFM) together with the principles of institutional adjustment (PIA) may be used within the theoretical framework of the Veblenian dichotomy. This combination advances the conceptual and empirical reach of both. The Veblenian dichotomy is used to analyze the relationship of instrumental and ceremonial behaviors to institutions. It ties together the PIA and the SFM. The SFM identifies and incorporates several components for examining a problem and attempting to develop policies. The analysis of change is an important aspect of Institutional economics. Change involves adjustment of ceremonial behaviors to instrumental ones. Change in both group and individual behavior is controlled by the PIA. Habit adjustment is the individual counterpart to institutional adjustment. Perception of circumstances and consequences control behavior, and perceptions are controlled by habits. The potential directions and ability of an institution/habit to change can be informed by use of the SFM. The subject matter of this chapter is the connection of these and their application to institutional and individual adjustment.

References

  1. Bush PD (1987) The theory of institutional change. Journal of Economic Issues 21(3):1075–1116Google Scholar
  2. Dewey J (1922) Human nature and conduct: an introduction to social psychology. Modern Library, New YorkGoogle Scholar
  3. Dewey J (1929) Experience and nature. Dover, New YorkCrossRefGoogle Scholar
  4. Foster JF (1981) Syllabus for problems of modern society: the theory of institutional adjustment. Journal of Economic Issues 15(4):929–935Google Scholar
  5. Hayden FG (2006) Policy making for a good society: the social fabric matrix approach to policy analysis and program evaluation. Springer, New YorkGoogle Scholar
  6. Stover JF (1987) History of the Baltimore & Ohio railroad. Purdue University Press, West LafayetteGoogle Scholar
  7. Waller WT (1982) The evolution of the Veblenian dichotomy: Veblen, Hamilton, Ayres, and Foster. Journal of Economic Issues 16(3):757–771Google Scholar
  8. Webb JL (2007) Pragmatisms (plural), part 1: classical pragmatism and some implications for empirical inquiry. Journal of Economic Issues XLI(4):1063–1086Google Scholar

Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  • James I. Sturgeon
    • 1
  1. 1.Department of EconomicsUniversity of MissouriKansas CityUSA

Personalised recommendations