----------------- HES POSTING ----------------- Regarding the loss of the "old" Institutionalism: Isn't there a "new institutionalism," which uses neoclassical economics to describe and explain institutions? I am thinking of the work by Ronald Coase and associates, Douglass North, and Oliver Williamson, for example. I wonder what HESers think is the difference between "the new institutionalism" and the institutionalism Fadhel is discussing? Pat Gunning ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]