This book considers the social and economic arrangements that would
be necessary for rational mechanisms of exchange and distribution
to emerge, function, and remain viable if extreme conditions
produced an absence or the severe destruction of an institutional
infrastructure and of resource endowments. Written by an economist,
a sociologist, and an anthropologist, the study confronts such
radical circumstances from an interdisciplinary perspective,
thereby rethinking and revising some cherished conventional
economic and social assumptions. At one level, the book discusses
the kinds of market structures that would be viable under different
socioeconomic conditions. At another level, the analysis questions
monolithic approaches to applied economic analysis and policy based
on what works under existing conditions. To illustrate the
applicability of theoretical modeling, the authors consider two
policy areas: economic recovery from a major societal disaster and
economic development. The book will be of particular interest to
students of applied economics, but it will also be of interest to
those concerned with social ecology, economy and society, economic
history, economic anthropology, applied sociology, and
developmental studies. It will be especially valuable to scholars
in Eastern European and socialist economic systems that are
currently seeking to establish market economies.
General
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