This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application...

The essays contained herein span over a decade and reflect David Prychitko's thinking about the role of the market system, and its relation to planning and democratic processes. The collection consists of previously published and unpublished articles written not only for economists but also for...

Contents: Preface Introduction: The cooperative firm as an alternative to the capital-owned business enterprise -- 1. Democratic firms and socialism -- 2. An up-to-date model of marxism: A socialist system without any communist colouring -- 3. The revolutionary impetus of marxism versus...

The Economic Theory of Socialism and the Labour-Managed Firm focuses on market socialism and the relevant debate among economic theorists. It argues that market socialism is the only rational form of socialism and that market socialism with labour-managed firms is by far the best form of market...

Don Lavoie's published work encompasses a wide range of subjects - socialism, hermeneutics, information technology, and culture. The subjects appear unrelated, but a close examination of his research reveals an underlying unity of thought and an economics at sharp variance with the post World...

"In this revealing and eminently readable book, Geoffrey M. Hodgson takes readers on an intellectual odyssey through his distinguished career and his work as one of the leading institutional and evolutionary economists. Depicting his life throughout the Cold War, grappling with the military and...

Oskar Lange was one of the few economists able to observe first hand the three major economic systems that have been the hallmark of the 20th century. He learned about the economic backwardness of peripheral capitalism in pre-war Poland. Later he spent more than twelve years in the bastion of...

"Bruno Jossa expertly illustrates that the creation of a system of cooperative firms is tantamount to a revolution giving rise to a new production mode capable of reversing the existing relationship between capital and labour. The book also demonstrates a revolution enacted by peaceful and...

Recent acceleration of the Indian economic growth rate from 6 to 8 per cent has sparked worldwide speculation that India is about to catch up with China and become another Asian miracle economy. Economic Reform in China and India examines this prospect, reviewing the development strategies...

This unique book provides an assessment of an India-EU agreement, drawing on the theory of preferential agreements, the history of India-European relations and the recent refocusing of the Indian economy. The authors explore both a broad overview of the agreement as well as a detailed...