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Rules and Choice in Economics - Essays in Constitutional Political Economy (Paperback)
Loot Price: R1,679
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Rules and Choice in Economics - Essays in Constitutional Political Economy (Paperback)
Series: Economics as Social Theory
Expected to ship within 12 - 17 working days
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Why do the conventions that enable society to cohere survive, even
when it is not in everyone's interests to obey them? The book is
about how the rules and institutions which are the basis of
co-operation in society can be systematically explained. The social
sciences which have concerned themselves with this question have
frequently come up with opposite explanations, neither of which
seem adequate. Economics, with its emphasis on individual choice
seems unable to account for individuals following rules when it is
not in their interest to do so. Sociology, which can explain such
rule-following behaviour, struggles to account for purposeful
individual action. In the place of such a stark opposition, Viktor
J. Vanberg offers an analysis which cuts across traditional
disciplinary boundaries between such fields as economics, law,
moral philosophy, sociology and political science.
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