Institutional Analysis and Economic Policy

Language: English

Published by Springer US, Springer Okt 2012, 2012

1461349923 / 9781461349921

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This item is printed on demand - Print on Demand Titel. Neuware -The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. All of the essays in this book challenge the conventional wisdom in the problem areas addressed. They advocate policy positions that often run contrary to views widely held by academic economists and policy makers alike. The general literature of institutional economics is unorthodox, beginning with its methodological foundations and continuing through the kind of policy analysis found in these pages. The orthodox tradition in economics is commonly characterized as 'neoclassical economics.' Neoclassical economics fosters the myth that only 'the market' can efficiently allocate a society's economic resources and equitably distribute its income. It provides the intellectual defense for in which 'free markets' are championed over democratic capitalist ideology policy formation, which it contends is neither efficient nor equitable. For both professional economists and policy makers of a conservative political persuasion, neoclassical economics writes the script for a morality play in which the market is the 'good guy' and the government is the 'bad guy.' As such, it undermines the belief that free societies can enhance economic welfare through the use of democratic processes in the formulation of economic policies.Springer-Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 620 pp. Englisch. …

Seller Inventory # 9781461349921

Title
Institutional Analysis and Economic Policy
Author
Paul Dale Bush
Publisher
Springer US, Springer Okt 2012
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1461349923
ISBN 13
9781461349921
Item weight
925 grams
Dimensions
235x155x34 mm

buchversandmimpf2000

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