Abstract
In recent years economists have, for many reasons, paid special attention to social
change (value and institution) in order to understand the cause of economic changes.
Institutionalism and Discourse theory are important paradigms in analysis of social
changes. This article reviews Institutionalism from the view's point of North,
Williamson and Greif and considers discourse theory the view of Laclau and
Mouffe. The findings of this study show that both paradigms have some defects and
both paradigms have similar explanation of social changes although they use
different expressions.
Keywords
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