Business, College of
Date of this Version
June 2008
Abstract
This study combines the problem orientation of instrumentalism and the systems analysis of circular and cumulative causation (CCC) through the utilization of a social fabric matrix (SFM) and network digraph. The SFM is utilized to articulate part of the Nebraska State system used to distribute state funds among local K-12 public schools. The empirical content is used to derive conceptual conclusions about CCC and to make comments about a controversy regarding agents, institutions, and new rule development. This study provides a refinement of CCC, and it confirms that rules are not the result of self-action by agents.
Comments
Published in the Journal of Economic Issues Volume XLII, No. 2, June 2008. Copyright © 2008, Journal of Economic Issues. Used by permission.