Institutions, Behaviour and Economic Theory

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The book explores a middle ground between liberalism and socialism through a synthesis of classical and Keynesian political economy. It examines the interplay between individual and collective economic behaviors within a monetary production economy, emphasizing the importance of effective demand and distribution. The author advocates for a unified approach to social sciences, integrating sociology, law, and politics, while proposing a moral framework for these fields. Additionally, it addresses methodological concerns and the relationship between theory and historical context.