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Comparative Economics (Paperback)
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Comparative Economics (Paperback)
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Capitalist firms, government-owned firms, nonprofit organizations,
employee-owned firms, and labor unions are analyzed in detail. The
problems limiting the efficiency of organizations are shown to be
of a technical-administrative nature, where rationally-bounded
members act in support of the goals set by the
principals-controllers of the organization, or of an
agency-managerial type, where they act to further their own
interests.
The reasons, methods and outcomes of system change in general and
in Russia and Eastern Europe in particular are analyzed, using the
analytical apparatus developed in the monograph.
This monograph charts a new course for comparative economics as the
field devoted to the study of the organization of economies, their
behaviour, and outcomes. It examines economic systems as mechanisms
for coordinating decisions and allocating resources at the macro
level of national companies, cartels and franchises. A systemic
approach to the description and comparison of economic syste
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