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Brings together Professor Arthur's pioneering article and provides a comprehensive presentation of his exciting vision of an economics that incorporates increasing returns. After a decade of resistance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword.
Compares the growth achieved in Japan and Europe with the frustrated growth in the major societies of mainland Eurasia. More broadly, this book is about the conflict in world history between economic growth and political greed.
Explores the NIE with a critical assessment of its theoretical contributions. This second edition aims to explain and assess some of the major refinements, extensions and useful applications that have been introduced into the body of neoinstitutionalist thought in recent years.
Offers an innovative approach to the analysis of decision making under uncertainty.
'Preference Pollution' is an assessment of what we know about the free market that focuses on desires people have about their desires.
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