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Institutional Economics
The economy is an instituted process - such is the emerging consensus in economics in the last twenty years. This book is an introduction to institutional economics, following the history of different trends in this field since the early 20th century until the present day. It relates the history of economic theories that make up the enlarged family of institutional economics. Institutional economics is defined as economic thought that considers institutions to be relevant for economic theory, and consequently criticises the neoclassical mainstream for having pushed them out of the discipline of economics; it deals specially with the nature, the origin, the change of institutions, and their e...
Meandering in Transition
This edited collection addresses the dynamics of the post-Communist transition in Central Eastern Europe. Its contributors present a detailed analysis of the events unfolding during the last three decades in the region, focusing in particular on identity-building processes and reforms in Belarus, Bulgaria, Czechia, Estonia, Hungary, Latvia, Lithuania, Moldova, Poland, Romania, Slovakia, and Ukraine. The contributors outline reasons why some of these states accomplished a decisive break with the Communist past and became members of European and transatlantic structures, while some opted for pseudo-transition and fostered hybrid political regimes, jeopardizing their genuine integration with th...
Class Theory and History
First Published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.
Democratic and Capitalist Transitions in Eastern Europe
here ofexchange, and borrowing in debates between these disciplines, all the more so, as we shall see a little further on, as the analysis of the Central and East European transformations has also contributed to introduce into political science and sociology theoretical systematizations first formulated in economics. In addition to this opening up to the objects and theories of economics, the pseudo-"dilemma" ofsimultaneity produced, by a kind of feedback, another series of effects on transitology and the related research domains. Contrary to most expectations and predictions in the wake ofthe 1989 upheavals - affirmations that the "dilemmas", "problems" or "challenges" of the transitions in...
Economies of Death
Economies of Death: Economic Logics of Killable Life and Grievable Death examines the economic logic involved in determining whose lives and deaths come to matter and why. Drawing from eight distinct case studies focused on the killability and grievability of certain humans, animals, and environmental systems, this book advances an intersectional theory of economies of death. A key feature of late-modern capitalism is its tendency to economically order certain human and nonhuman lives and environments, while appropriating and commodifying certain bodies and spaces in the process. Spanning the social sciences and humanities in its contributions and scope, each chapter shows how living beings ...
The Political Economy of Bureaucracy
The Political Economy of Bureaucracy applies Public Choice theory and a complex systems view of government institutions to analyze policy implementation as an economic process. It addresses the common and vexing question of why managing federal agencies for results is so difficult by challenging traditional assumptions of institutional design and policy analysis. Using creative methods that focus on relationships that constrain the choices of executives and managers in a political hierarchy, the author reveals control and coordination as goals that are imperfectly achieved and often conflicting with one another. Despite decades of intense study, serious reform efforts and impressive technolo...
Information Technology and Socialist Construction
The failure of command central planning in the twentieth century has led to a general disillusionment within the socialist movement worldwide. Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This book explains how modern information technology may be used to implement a new method of economic calculation that could bring an end to capitalism and make socialism possible. In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to i...
The Measurement of Individual Well-Being and Group Inequalities
Although most traditional economic theory puts the individual at the centre of analysis, more recent approaches have acknowledged the importance of a wider sense of identity as a determinant of individual behaviour. Whether it is ethnicity, religion or gender, group membership is a central part of human life. This book presents new advances in areas which consider both the individual and the group when measuring inequalities and well-being. The first part of the book covers topics such as relative deprivation and happiness, domains where even economists have now recognized the importance of reference groups in the assessment of individuals’ well-being. The second part is devoted to the con...
Institutional Economics in France and Germany
German Ordoliberalism and French Regulation theory, two institutionalist theories born in different national contexts, show striking convergences and complementarities. Based on an original comparison, Institutional Economics in France and Germany analyses the basic concepts, the development and the present relevance of both schools, the way they deal with the crucial methodological issue of complexity and with transformation in post-socialist Europe. It underlines the specificity and fruitfulness of these European approaches to institutional economics, often unfortunately ignored in the English-language literature. Written by leading scholars, this book is a clear presentation of both theories, with numerous illustrations and in-depth analysis of recent research developments. This theoretical, methodological and thematic comparison raises central issues in the growing field of socioeconomic and institutionalist theory.
Political Economy of Capitalisms
This book is the English language translation of the French publication Économie Politique des Capitalismes. Research in this book presents institutional and historical macroeconomics, through an analysis of wage-labour nexus, innovation systems, monetary and financial systems, integration into the world economy, formation of economic policy configurations, and the history of economic theories. In doing so, the book addresses how and why economic regularities change in long run, and why do macroeconomic adjustments differ across countries within the same historical period. It shows how institutional changes that have occurred since the 1970s and the research on the transformation of the Ame...
