Efficiency and Externalities in an Open-Ended Universe
by Roy Cordato
Publisher: Ludwig von Mises Institute 2007
ISBN/ASIN: B001C36LPM
Number of pages: 160
Description:
The problem of externalities and efficiency is cited relentlessly in mainstream literature as the great rationale for government intervention. The Austrian tradition, however, takes another approach, viewing these supposed problems as having market solutions that depend on a view of economics rooted in an understanding of the competitive process.
Download or read it online for free here:
Download link
(11MB, PDF)
Similar books
Capital and Its Structureby Ludwig Lachmann - Ludwig von Mises Institute
A robust theory of capital that incorporates an Austrian understanding of the business cycle and the market process. This book remains a seminal study written while the author was at the height of his intellectual powers.
(14331 views)
Capital as Power: A Study of Order and Creorderby Jonathan Nitzan, Shimshon Bichler - Routledge
The authors address the old theoretical conundrum in political economy -- the theory of capital -- with a view to supplying a more satisfactory answer to the question 'what is capital?' The work fits into the tradition of radical political economy.
(12672 views)
The Origin and the Evolution of Firms: Information as a Driving Forceby J. A. Roels - IOS Press
This book develops a consistent theory of evolution in its wider sense. The author of the book traces a continuous line of evolving information sets that connect the Big-Bang to the firms and markets of our current socio-economic system.
(6125 views)
Farewell to the Self-Employed: Deconstructing a Socioeconomic and Legal Solipsismby Marc Linder - Greenwood Press
This work offers a theoretical foundation for discussing the self-employed, their role over time, and the formulation of policy towards them. It is a comprehensive analysis of self-employment to integrate legal, sociological, and economic theory.
(9671 views)