This text explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles.

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Bibliographic Details

Title: Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century
Publisher: John Wiley and Sons Ltd
Publication Date: 2002
Language: English
ISBN 10: 0631229612
ISBN 13: 9780631229612
Binding: Hardback
Condition: Good

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Synopsis

Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well being, and that business misconduct may be socially detrimental.

About the Author

Steven Rosefielde is Professor of Economics at the University of North Carolina and a member of the Russian Academy of Natural Sciences. He is actively involved in economic systems and global security research with the American, Russian, Swedish, and Japanese governments. He is the author of five books, and over 150 articles published in periodicals such as the Wall Street Journal, Slavic Review, Journal of Comparative Economics, Europe-Asia Studies, European Economic Review, and the American Economic Review.

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