"This book addresses the crisis in modern governance as a result of increasing value diversity and argues that the ensuing societal and political tensions are most effectively managed using a polycentric political economy and a modus vivendi social philosophy. Expert authors discuss the social...

Elinor Ostrom, co-recipient of the 2009 Nobel Prize in economics, argues that in studying social order, we should not be limited to only the conceptions of order derived from the work of Adam Smith and Thomas Hobbes. To be precise, we should not limit ourselves to theoretical frameworks of The...

Comparative economic systems literature deals extensively with ‘systemic functions’ and ‘performance criteria’ such as growth, efficiency and equity but rarely mentions the topic of resilience. This paper focusses on the issue of resilience while drawing several important lessons from...

type="main" <title type="main">Summary</title> <p>This paper elaborates the notion of “crony capitalism” and advances an innovative approach to the analysis of the phenomenon in case, seen as a type of rent-seeking society. The argument leads to a pioneering attempt to elaborate an original theory of crony capitalism as...</p>

[fre] Cet article porte sur le problème des expérimentations par la pensée dans la théorie autrichienne et prend comme point de départ l’argument de Lawrence Moss sur la division entre les économistes autrichiens de l’ancienne génération - pour lesquels les expérimentations par la...