The Economy as Process of Valuation sheds new light on the potential benefits of concept and theory formation along … focuses on Coases's work on institutions and considers the implications for a variety of subjects including the theory of the … firm and the theory and policy of externalities - all aspects of the economy as a process of valuation. This is followed by …

Locke (and his eighteenth century critics). It considers both the theory and the evidence involved in the controversy …

political preferences, and regards the economist's utilitarian social welfare theory as instrumental to the achievement of … indeterminacy of social welfare theory's fundamental theoretical constructs. In contrast, the author shows that Kant's 'two points … grounded in Kant's 'two points of view', that utilitarian social welfare theory cannot be instrumental to the achievement of …