Social and Behavioral Sciences Commons^™

Evolution Of Time Constructs And Their Impact On Socioeconomic Planning, F. Gregory Hayden

Department of Economics: Faculty Publications

The primary focus of the institutionalist perspective is instrumentalist problem solving. Problems are delivered by the institutional process and solved by altering the social structure. To solve socioeconomic problems, planning is necessary. Important to any planning is the question of when actions and events are to occur. To effect new social structures, actions and events must be properly sequenced. An analytical core of sequencing events is time analysis. John R. Commons stated that, in addition to knowing what to do, the economist who has the power and responsibility for planning "must know what, when, how much and how far to …