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Persistent link: https://www.econbiz.de/10003279757
-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of … with political discretion. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem … that economic decision makers face and how alternative institutional arrangements either hinder or assist them in …
Persistent link: https://www.econbiz.de/10012396909
Persistent link: https://www.econbiz.de/10001687179
In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand...
Persistent link: https://www.econbiz.de/10012469090