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"The authors of the essays in this book reject the mainstream neoclassical view that the market should rule "uber alles." Examining the problems existing in a number of crucial areas of economic policy, they demonstrate the inadequacy of the orthodox view that markets can generate economic welfare without the guidance of democratically formulated economic policies.
Using the principles of the original institutional economics (OIE), they fashion long-term strategies for the formation of economic policies that can accommodate institutional changes necessary to meet the ever-changing circumstances faced by nations in a global economy."--BOOK JACKET.
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Institutional economics, Economic policyEdition | Availability |
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Institutional Analysis and Economic Policy
2012, Springer London, Limited
in English
1461502616 9781461502616
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Institutional Analysis and Economic Policy
January 31, 2003, Springer
Hardcover
in English
- 1 edition
1402073089 9781402073083
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Book Details
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"Institutional economics is a policy-oriented science."
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