Abstract

Foreword. Preface. Part One: The Framework for Economic Analysis. 1. Important Concepts in Economics. 2. The Coase Theorem and Transaction Costs. Part Two: Institutions, Property Rights, and Systems. 3. Institutions. 4. Law and Institutions. 5. Property Rights. 6. Capitalism and Socialism. Part Three: Property Rights, Exchange, and Production. 7. Private Property Rights, Exchange and Production. 8. Restrictions on Ownership, Exchange, and Production. 9. Free-Market Economies, the State, and Policy-Making. 10. Property Rights in Socialism, Exchange and Production. 11. Trade (Exchange), and Growth Under Different Institutional Arrangements. Part Four: Property Rights and Business Firms. 12. The Firm and Contracts. 13. Capitalist Firms. 14. Socialism: The Labor-Managed Firm. 15. Property Rights, Business Firms and Innovation. Index.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call