Capitalism is central to our understanding of contemporary economic and political life and yet what does it really mean? If, as has now been shown to be the case, capital and property rights existed in pre-modern and pre-capitalist societies, what is left of our understanding of capitalism?...

"If you want to understand the bewildering complexity of consumer markets, financial markets and beyond, the traditional textbooks or theories wouldn't help much. This book presents a new market theory in which information plays the most important role. We portray the markets with three...