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Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century PDF

293 Pages·2002·1.497 MB·English
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by Rosefielde S.| 2002| 293 pages| 1.497| English

About Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century

Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well being, and that business misconduct may be socially detrimental. The book clarifies conceptual misunderstandings about the comparative merit of free competition and perfect governance, showing in many cases how the same results are attainable using either mechanism, or by combining them. It illuminates why engineering variables like the quantity and quality of fixed and variable inputs, management, entrepreneurship, technological progress, and economic governance don't adequately explain disorders like the increasing poverty of the world's poorest nations.End of chapter questions and an extensive glossary enhance the book's utility and enable readers to fully comprehend the key features of each chapter.

Detailed Information

Author:Rosefielde S.
Publication Year:2002
Pages:293
Language:English
File Size:1.497
Format:PDF
Price:FREE
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