Through innovative use of little used archival material, Rothenberg finds that the relevant economic magnitudes - farm commodity prices, wages for day and monthly farm labor, and the determinants of rural wealth holding - behaved as if they had been formed in a market. This ground breaking discovery reveals how an agricultural economy that lacked both an important export staple and technological change could experience market-led growth. To understand this impressive economic development, Rothenberg discusses a number of provocative questions.
in Samuel Bowles , Richard Edwards , and William G. Shepherd , eds . , Unconventional Wisdom : Essays in Honor of John Kenneth Galbraith ( Boston : Houghton Mifflin , 1989 ) , 29–38 . Bergmann observed : “ The impoverished factual ...
This book covers many subjects including money, wealth, inflation, wages, government spending, regulations, interest rates, profits and losses, corporations, and common objections to the free market.
The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.
This book is a timely reminder of the more fundamental determinants of capital accumulation and innovation.
For a more detailed description of these techniques see J. M. Henderson and R. E. Quandt, Microeconomic Theory – A Mathematical Approach (New York: McGraw-Hill, 1958), ch. 3; J. P. Lewis, An Introduction to Mathematics.
Latin American market-oriented reforms along the lines of the Washington Consensus need to be supplemented by a number of social policies to achieve a more equitable society. While there has...
"Substantially revised and updated, this new edition of a highly acclaimed text is both a guide and a critical analysis.
This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science.
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences ...
This book gathers a collection of multidisciplinary essays by Jess Huerta de Soto, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and ...