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Three Short Stories of Progressive Institutional Change

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Abstract: The process of institutional change is a fundamental theme in institutional economics. There are multiple avenues for forging institutional change — policies, laws, cultural norms, social movements, and social… Click to show full abstract

Abstract: The process of institutional change is a fundamental theme in institutional economics. There are multiple avenues for forging institutional change — policies, laws, cultural norms, social movements, and social practices. I analyze three examples of progressive institutional change. While there are many to choose from, the three short stories focus on: (i) accounting for measures of housework and care work in GDP; (ii) transforming legal values through adoption of marriage equality in the United States; and (iii) interrogating the fresh-tomatoes food supply chain in order to achieve a penny-a-pound more in earnings for migrant field workers. Each of these examples of progressive institutional change involves changing values, a cumulative process.

Keywords: institutional change; stories progressive; change; three short; short stories; progressive institutional

Journal Title: Journal of Economic Issues
Year Published: 2017

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