14.778
Economic Institutions and Growth Policy Analysis
Fall 2005
Topics
- Introduction
- The Division of Labor and the Problem of Coordination
- Economics Institutions
- The Corporation: Hierarchies and Markets
- Classic Bureaucracy
- Street Level Bureaucracy
- Types of Firms: Optimum Firm Structure
- Culture
- Economie Du Convension
- Institutions and Globalism
- Evolutionary Theories
Readings
- SES #: 1 · TOPICS: Introduction · READINGS: Powell, Walter, and Paul DiMaggio. “Introduction.” In The New Institutionalism in Organizational Analysis . Chicago, IL: University of Chicago Press, 1991, pp. 1-38. ISBN: 9780226677095.
- Hall, Peter, and Rosemary Taylor. “Political Science and the Three New Institutionalisms.” Political Studies (1996): 936-957. Butterworth Scientific.
- SES #: 2 · TOPICS: The Division of Labor and the Problem of Coordination · READINGS: Putterman, Louis, and Randall Kroszner. The Economic Nature of the Firm: A Reader . Cambridge, UK: Cambridge University Press, 1986. ISBN: 9780521311403. (Excerpts from Smith, Marx, Knight, Hayek.)
- Geertz, Clifford. Peddlers and Princes: Social Change and Economic Modernization in Two Indonesian Towns . Chicago, IL: University of Chicago Press, 1968. ISBN: 9780226285146.
- SES #: 3 · TOPICS: Economics Institutions · READINGS: North, Douglas. Institutions, Institutional Change, and Economic Performance . Cambridge, UK: Cambridge University Press, 1990. ISBN: 9780521397346.
- Alchian, Arman, and Harold Demsetz. “Production, Information Costs, and Economic Organization.” American Economic Review 62 (1972): 777-795.
- North, D. C. “Institutions, Transaction Costs and Economic Growth.” Economic Inquiry 25, no. 3 (1987): 419-428.
- ———. “Economic Performance Through Time.” American Economic Review 84, no. 3 (1994): 359-368.
- SES #: 4 · TOPICS: The Corporation: Hierarchies and Markets · READINGS: Coase, Ronald. “The Nature of the Firm.” Economica 4 (1937): 386-405.
- Chandler, Alfred. The Visible Hand . Paris, France: Economica, 1989. ISBN: 9782717816914. (Excerpt.)
- Williamson, Oliver. “The Institutions and Governance of Economic Development and Reform.” Proceedings of the World Bank Annual Conference on Development Economics , 1994. (Comments by Robert D. Putnam and Peter Murrell.)
- Jensen, Michael. “The Eclipse of the Public Corporation.” Harvard Business Review 67, no. 5 (1989): 61-74.
- Hart, Oliver. “An Economist’s Perspective on the Theory of the Firm.” Columbia Law Review 89, no. 7 (1989): 1757-1774.
- Gerschenkron, Alexander. “Economic Backwardness in Historical Perspective.” In Economic Backwardness in Historical Perspective . Cambridge, MA: Belknap Press of Harvard University Press, 1962, pp. 5-30. ISBN: 9780674226005.
- Amsden, Alice. “Three-Pronged Investment.” Chapter 5 in The Rise of ‘The Rest’: Challenges to the West from Late-Industrializing Economies . New York, NY: Oxford University Press, 2003. ISBN: 9780195170597.
- SES #: 5 · TOPICS: Classic Bureaucracy · READINGS: Weber, Max. “Bureaucracy.” In From Max Weber: Essays in Sociology . Edited by H. Gerth and C. Wright Mills. New York, NY: Oxford Press, 1958, pp. 196-244. ISBN: 9780195004625.
- Crozier, Michel. The Bureaucratic Phenomenon . Chicago, IL: University of Chicago Press, 1964, part 3, pp. 145-212. ISBN: 9780226121666.
- DiMaggio, Paul, and Walter Powell. “The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields.” American Sociological Review 48 (1983): 147-60.
- SES #: 6 · TOPICS: Street Level Bureaucracy · READINGS: Wilson, James Q. Varieties of Police Behavior . Cambridge, MA: Harvard University Press, 1968, pp. 1-139 and 278-299. ISBN: 9780674932104.
- SES #: 7 · TOPICS: Types of Firms: Optimum Firm Structure · READINGS: The New Corporation I
- Piore, Michael, and Charles Sabel. The Second Industrial Divide . New York, NY: Basic Books, c1986, chapters 1-3 and 10, pp. 1-72 and 251-280. ISBN: 9780465075638.
- Powell, Walter. “Neither Market Nor Hierarchy: Network Forms of Organization.” Research in Organizational Behavior 12 (1990): 295-336.
- Eccles, Robert, and Dwight Crane. Doing Deals: Investment Banks at Work . Boston, MA: Harvard Business School Press, 1988, introduction and chapter 1, pp. 1-34. ISBN: 9780875841991.
- Winograd, Terry, and Fernaldo Flores. Understanding Computers and Cognition . Reading, MA: Addison-Wesley, 1987, pp. 14-37. ISBN: 9780201112979.
- Putnam, Hilary. Pragmatism: An Open Question . Oxford, UK: Blackwell, 1995. ISBN: 9780631193432.
- Piore, Michael. Beyond Individualism . Cambridge, MA: Harvard University Press, 1995, chapters 4-5, pp. 95-139. ISBN: 9780674068971.
- Sabel, Charles. “Learning by Monitoring: The Institutions of Economic Development.” In Rethinking the Development Experience . Edited by L. Rodwin and D. Schon. Washington, DC: Brookings Institution, 1994, pp. 231-274. ISBN: 9780815775515.
- Piore, Michael, Richard Lester, and Kamal Malek. The Division of Labor, Coordination, and Integration: Case Studies in the Organization of Product Design in the Blue Jeans Industry . MIT Industrial Performance Center Working Paper 97-005WP. Cambridge, MA: MIT Industrial Performance Center, 1997.
- The New Corporation II
- Chandler, Alfred, and Takashi Hikino. “The Large Industrial Enterprise and the Dynamics of Modern Economic Growth.” In Big Business and the Wealth of Nations . Edited by A. Chandler, F. Amatori, and T. Hikino. Cambridge, UK: Cambridge University Press, 1997, pp. 24-57. ISBN: 9780521481236.
- Amsden, Alice. “Industrializing Late,” “A New Control Mechanism,” and “Big Business.” Chapter 1, 2, and 8 in The Rise of ‘The Rest’: Challenges to the West from Late-Industrializing Economies . New York, NY: Oxford University Press, 2003. ISBN: 9780195170597.
- Schneider, Ben Ross. “Elusive Synergy: Business-Government Relations and Development.” Comparative Politics (October 1998).
- SES #: 8 · TOPICS: Culture · READINGS: Cross-National Comparisons
- Crozier, Michel. The Bureaucratic Phenomenon . Chicago, IL: University of Chicago Press, 1964, part 4, pp. 213-314. ISBN: 9780226121666.
- Clarke, Rodney. The Japanese Company . New Haven, CT: Yale University Press, 1981, pp. 1-95 and 221-261. ISBN: 9780300026467.
- Westney, Eleanor. Imitation and Innovation: the Transfer of Western Organizational Patterns to Meiji Japan . Cambridge, MA: Harvard University Press, 1987, pp. 1-32 and 210-224. ISBN: 9780674444379.
- Within Organizations
- Kunda, Gideon. Engineering Culture . Philadelphia, PA: Temple University Press, 1992. ISBN: 9780877228455.
- Kreps, D. “Corporate Culture and Economic Theory.” In Perspectives on Positive Political Economy . Edited by J. Alt and K. Shepsle. Cambridge, UK: Cambridge University Press, 1990. ISBN: 9780521398510.
- SES #: 9 · TOPICS: Economie Du Convension · READINGS: Wagner, Peter. “Dispute, Uncertainty and Institution in Recent French Debates.” Journal of Political Philosophy 2, no. 3 (1994): 270-289.
- Ostrom, Elinor. Governing the Commons: The Evolution of Institutions for Collective action (Political Economy of Institutions and Decisions) . Cambridge, UK: Cambridge University Press, 1990. ISBN: 9780521405997.
- SES #: 10 · TOPICS: Institutions and Globalism · READINGS: Piore, Michael. “Rethinking International Labor Standards.” Mimeo, Department of Economics, MIT, 2000. For presentation at: Conference on Labor and the Globalization of Production. Center for Economic Policy Analysis, New School University, March 2002.
- Amsden, Alice. “Macro-sweating Policies and Labour Standards.” In International Labour Standards and Economic Interdependence . Edited by W. Sengenberger and D. Campbell. Geneva, Switzerland: International Institute for Labour Studies, 1994, pp. 185-93. ISBN: 9789290145332.
- SES #: 11 · TOPICS: Evolutionary Theories · READINGS: Knight, Jack. Institutions and Social Conflict . Cambridge, UK: Cambridge University Press, 1992, pp. 84-170. ISBN: 9780521421898.
- North, Douglas. Structure and Change in Economic History . New York, NY: Norton, 1981. ISBN: 9780393952414.
- Nelson, Richard, and Sidney Winter. An Evolutionary Theory of Economic Change . Cambridge, MA: Harvard University Press, 2006. ISBN: 9780674272286.
Sources
- Course catalogue ↗Historical OpenCourseWare
- MIT OCW readings ↗
- MIT OCW calendar ↗
- MIT OCW syllabus ↗
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.