The Cost of Institutions: Information and Freedom in Expanding Economies - Rilegato

Rodriguez, Jacob P.; Loomis, Steven R.; Weeres, Joseph G.

Rilegato

ISBN 10: 1403979693 ISBN 13: 9781403979698

Casa editrice: Palgrave Macmillan, 2008

Riassunto

Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.  The authors demonstrate by logic and example that these costs are the pressure mechanism that transforms production probabilities and the intricacies of human exchange, causing the loss of the capacity to preserve individual liberty. 

Su questo libro

L'autore:

Jacob P. Rodriguez is on Faculty, University of North Texas.  Steven R. Loomis is Assistant Professor of Education, Wheaton College, Illinois.  Joseph P. Weeres is Professor Emeritus of Education, Claremont Graduate University.

Contenuti:

Introduction
Expansion Under Uncertainty
The State: An Information Theory
Establishing Direction in Production: The Special Case of Education
The Individual and Collective in Education
Politics and Markets: The Logic of Convergence
Market Failure in the Preservation of Liberty

Su questa edizione

• Editore: Palgrave Macmillan
• Data di pubblicazione: 2008
• ISBN 10: 1403979693
• ISBN 13: 9781403979698
• Rilegatura: Copertina rigida
• Numero di pagine: 198