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Economics Social Institutions

Insights from the Conferences on Analysis & Ideology

  • Book
  • © 1979

Overview

Editors:
  1. Karl Brunner

    1. Center for Research in Government Policy and Business, Graduate School of Management, University of Rochester, USA
      Universität Bern, Switzerland

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Part of the book series: Rochester Studies in Managerial Economics and Policy (RSEP, volume 1)

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-viii
    Download chapter PDF

  2. The Economic Tradition

    • Hans Albert
    Pages 1-27

  3. Milton Friedman in Our Time

    • Karl Brunner
    Pages 29-39

  4. Development Economics: Intellectual Barbarism

    • P. T. Bauer
    Pages 41-58

  5. A Hobbesian Interpretation of the Rawlsian Difference Principle

    • James M. Buchanan
    Pages 59-77

  6. Galbraithian Economics

    • Gérard Gäfgen
    Pages 79-104

  7. “Economics and the Public Purpose”

    • Hans G. Monissen
    Pages 105-129

  8. The Capitalist Corporation and the Socialist Firm

    • Svetozar Pejovich
    Pages 131-161

  9. Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure

    • Michael C. Jensen, William H. Meckling
    Pages 163-231

  10. Some Implications of Recognition of Property Right Transactions Costs

    • Armen A. Alchian
    Pages 233-254

  11. The Antitrust Dilemma

    • Harold Demsetz
    Pages 255-265

  12. Toward a Theory of the Press

    • Michael C. Jensen
    Pages 267-287
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Keywords

About this book

The productive work of widely distributed academic research has contributed substantially, over the postwar period, to important advances in our understanding. It has also offered a clearer recognition of many unresolved problems. Never­ theless, the progress achieved over the last decades, ex­ hibited by the systematic application of "theory" to actual issues and observable problems, could not overcome a per­ vasive sense of dissatisfaction. Some academic endeavors pursued within a traditional range of economic analysis have appeared increasingly remote from broad social issues, motivating the social and intellectual unrest experienced in recent years. Conditioned by the traditional use of economic analysis, many have naturally concluded that the "most relevant" social issues agitating our times are beyond the reach of economics. Purist advocates of a traditional view thus condemn any extension of economic analysis to social issues as an escape into "ideology". Others argue the need for an "interdisciplinary approach" involving sociology, social psychology, or anthropology as necessary strands in a useful understanding of social, institutional, and human problems of contemporary societies. We note here, in par­ ticular, the subtle attraction inherent in Marxian thought. It appears to offer a unified approach, with a coherent inter­ pretation, to all matters and aspects of human society, in­ cluding even nature.

Editors and Affiliations

  • Center for Research in Government Policy and Business, Graduate School of Management, University of Rochester, USA

    Karl Brunner

  • Universität Bern, Switzerland

    Karl Brunner

Bibliographic Information

  • Book Title: Economics Social Institutions

  • Book Subtitle: Insights from the Conferences on Analysis & Ideology

  • Editors: Karl Brunner

  • Series Title: Rochester Studies in Managerial Economics and Policy

  • DOI: https://doi.org/10.1007/978-94-009-9257-3

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: University of Rochester Center for Research in Government Policy and Business 1979

  • Softcover ISBN: 978-94-009-9259-7Published: 06 November 2011

  • eBook ISBN: 978-94-009-9257-3Published: 06 December 2012

  • Series ISSN: 0924-6002

  • Edition Number: 1

  • Number of Pages: 296

  • Topics: Macroeconomics/Monetary Economics//Financial Economics

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