It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by...

Recommended readings (Machine generated): K.J. Arrow [1953], (1964), 'The Role of Securities in the Optimal Allocation of Risk-Bearing', Review of Economic Studies, 31 (2), April, 91-6 -- Peter A. Diamond (1967), 'The Role of a Stock Market in a General Equilibrium Model with Technological...

This comprehensive second edition of The Elgar Companion to Social Economics presents an overview of a dynamic and growing field in economics that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in...

'The insightful chapters collected here show that markets are a matter of concern because they can be spaces for making concerns matter.'--David Stark, Columbia University, US and author of The Sense of Dissonance: Accounts of Worth in Economic Life. 'Do those impersonal allocation mechanisms...

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...

Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by combining complementary insights from Austrian, institutional and evolutionary economics. Mainstream economics tends to analyse property rights within a static equilibrium...

Complexity research draws on complexity in various disciplines. This Handbook provides a comprehensive and current overview of applications of complexity theory in economics. The 15 chapters, written by leading figures in the field, cover such broad topic areas as conceptual issues,...

As this comprehensive Companion demonstrates, social economics is a dynamic and growing field that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical...

An accessible and enjoyable look at the way the market REALLY works! How Markets Work presents a new and refreshing introduction to elementary economics. The venerable theory of supply and demand is reconstituted upon plausible and defensible assumptions concerning human nature, the law, and the...