Prelude to Political Economy: A Study of the Social and Political Foundations of Economics

Pirmais vāks
This book is a critique of economics as social science, unusual because it uses many of the same techniques that contemporary economics and positive political economy use. It relies on game theory, and more importantly, on game-theoretic reasoning; but the technical demands are small. The book cautions that perhaps we are trying to move too fast; that we are, mistakenly, dismissive of ideas that cannot be fully formalized, and too glib with our elegant toolsof analysis. It must be recognized that markets and the economy are embedded in society, politics, and the law; and an immense amount of research has to go into understanding the nature of this embedding before we can come out with reliable answers. Prelude to Political Economy suggests a new approach to lawand economics and to the state, and addresses important questions such as whether the state should guarantee freedom of speech and whether the free market can lead to coercion.
 

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Par autoru (2000)


Professor of Economics and holds the C. Marks Chair at the Department of Economics, Cornell University. He has previously been Distinguished Visitor, London School of Economics (1993), Visiting Professor at the Department of Economics, Princeton University (1989-91), Member, Institute for Advanced Study, Princeton (1985-86) and Professor, Delhi School of Economics (1985-94). He is a Fellow of the Econometric Society and a recipient of the Mahalanobis Memorial Award for contributions to economics. In 1981-2 he was CORE fellow at CORE, Louvain-la-Neuve, Belgium. He has published extensively in the areas of development economics, game theory, social choice and welfare and industrial organization theory.

http://www.people.cornell.edu/pages/kb40/

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