"Leading social scientists explore pressing issues-monopoly and inequality, growth and innovation, climate change and fraying social safety nets-through the lens of creative destruction. Far more than a theory of capitalist dynamics, creative destruction proves an important idea for illuminating...

Institutional structure, in its most general form expresses any kind of cognitive habit that regulates relationship among individuals. Institutions are not structure without change, as the economic politic and social relations change institutional structure changes as well. Although institutions...