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Institutional Diversity and Political Economy - The Ostroms and Beyond (Hardcover, New)
Loot Price: R2,648
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Institutional Diversity and Political Economy - The Ostroms and Beyond (Hardcover, New)
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Elinor Ostrom, co-recipient of the 2009 Nobel Prize in economics,
argues that in studying social order, we should not be limited to
only the conceptions of order derived from the work of Adam Smith
and Thomas Hobbes. To be precise, we should not limit ourselves to
theoretical frameworks of The State and to theoretical frameworks
of The Market. We need approaches that match the extensive variety
of institutional arrangements existent in the world. In this book,
Paul Dragos Aligica discusses some of the most challenging ideas
emerging out of the research program on institutional diversity
associated with Ostrom and her associates, while outlining a set of
new research directions and an original interpretation of the
significance and future of this program.
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