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Contents: 1. Macroeconomics, fiscal policy, and public debt: conflating myth and reality -- 2. Political economy and the supply of macro guidance -- 3. Engines, ecologies, and economic systems -- 4. Budgeting and public debt within a system of cooperative democracy -- 5. Public debt within...
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"Taking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity...
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1. Social economy : some preliminaries on scope and method -- 2. Society, property, and human action -- 3. Economizing, calculation, and purposive action -- 4. Planning, production, and entrepreneurial action -- 5. Markets and prices as emergent patterns of human interaction -- 6. Competition...
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This paper uses Vincent Ostrom's treatment of government as entailing a Faustian bargain to explore some challenges that confront the research program he pursued in the theory of human association. To enable this exploration, I replace the standard resort to the law of the excluded middle with...
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