"In this landmark work, a Nobel-prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the ki…
"In this landmark work, a Nobel-prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the ki…
"In this landmark work, a Nobel-prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the ki…
Complexity science-made possible by modern analytical and computational advances-is changing the way we think about social systems and social theory. Unfortunately, economists' policy models have not kept up and are stuck in either a market fundamentalist or government control n…
"David Simpson skillfully argues that a market economy can be best understood as a human complex system, a perspective that represents a continuation of the classical tradition in economic thought. In the classical tradition, growth rather than allocative efficiency is the princ…
Blockchains are the distributed ledger technology that powers Bitcoin and other cryptocurrencies. But blockchains can be used for more than the transfer of tokens - they are a significant new economic infrastructure. This book offers the first scholarly analysis of the economic …
A guided tour of markets with examples ranging from a camel trading fair in India to the $20 million per day Aalsmeer flower market to the global trade in AIDS drugs. Shows how these markets combine to form the global economy and why markets are neither magical nor immoral, but …
A guided tour of markets with examples ranging from a camel trading fair in India to the $20 million per day Aalsmeer flower market to the global trade in AIDS drugs. Shows how these markets combine to form the global economy and why markets are neither magical nor immoral, but …
