Economics today is at a crossroads. New ideas and approaches are challenging the largely static and equilibrium-oriented models that used to dominate mainstream economics. The study of economic institutions - long neglected in the economics textbooks - has returned to the forefront of theoretical and empirical investigation. This challenging and interdisciplinary series publishes leading works at the forefront of institutional and evolutionary theory and focuses on cutting-edge analyses of modern socio-economic systems. The aim is to understand both the institutional structures of modern economies and the processes of economic evolution and development. Contributions will be from all forms of evolutionary and institutional economics, as well as from post Keynesian, Austrian and other schools. The overriding aim is to understand the processes of institutional transformation and economic change.