Ethical codes and income distribution a study of John Bates Clark and Thorstein Veblen
In contemporary non-mainstream economic debate, it is widely thought that the functioning of a market economy needs a set of rules (i.e. institutions) which bind agents in their behaviour, allowing efficient outcomes. This idea is contrary to the General Equilibrium Model (GEM) where markets are pic...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
New York, NY :
Routledge
2006.
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| Colección: | Routledge Studies in the History of Economics
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009433692906719 |
| Sumario: | In contemporary non-mainstream economic debate, it is widely thought that the functioning of a market economy needs a set of rules (i.e. institutions) which bind agents in their behaviour, allowing efficient outcomes. This idea is contrary to the General Equilibrium Model (GEM) where markets are pictured as working in an institutional vacuum and where social and historical variables play no role. However, in more recent times, a large group of economists have begun to insert social and moral variables into standard models based on the rational choice paradigm, following the increasing inter |
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| Notas: | Description based upon print version of record. |
| Descripción Física: | 1 online resource (161 p.) |
| Bibliografía: | Includes bibliographical references and indexes. |
| ISBN: | 9781134215843 9781280506147 9786610506149 9780203016794 |
