The Cost of Institutions.

Argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs. This book demonstrates that these costs are the pressure mechanism that transform production probabilities and the intricacies of human exchange.

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Bibliographic Details
Main Author: Rodriguez, Jacob P.
Other Authors: Loomis, Steven R.
Format: Electronic eBook
Language:English
Published: New York : Palgrave Macmillan, 2007.
Subjects:
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central