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The Cost of Institutions.

Argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs. This book demonstrates that these costs are the pressure mechanism that transform production probabilities and the intricacies of human exchange.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rodriguez, Jacob P.
Otros Autores: Loomis, Steven R.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Palgrave Macmillan, 2007.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Contents; List of Sidebars; Acknowledgments; Introduction; 1 Expansion under Uncertainty; 2 The State: An Information Theory; 3 Establishing Direction in Education Production; 4 The Individual and the Collective in Education; 5 Markets: The Logic of Convergence; 6 Market Failure in the Preservation of Liberty; Bibliography; Index.