The Cost of Institutions
Information and Freedom in Expanding Economies
Published on 9. April 2008
Book
Hardback
X, 198 pages
978-1-4039-7969-8 (ISBN)
Description
Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.
More details
Edition
2007 ed.
Language
English
Place of publication
New York
United States
Publishing group
Palgrave USA
Target group
Professional and scholarly
Product notice
sewn/stitched
Cloth over boards
With dust jacket
Illustrations
X, 198 p.
Dimensions
Height: 216 mm
Width: 149 mm
Thickness: 18 mm
Weight
354 gr
ISBN-13
978-1-4039-7969-8 (9781403979698)
DOI
10.1057/9780230604797
Schweitzer Classification
Other editions
Additional editions
J. Rodriguez | S. Loomis | J. Weeres
The Cost of Institutions
Information and Freedom in Expanding Economies
Book
12/2015
Palgrave MacMillan
€53.49
Shipment within 15-20 days
J. Rodriguez | S. Loomis | J. Weeres
The Cost of Institutions
Information and Freedom in Expanding Economies
E-Book
05/2007
1st Edition
Palgrave MacMillan
€53.49
Available for download
Persons
JACOB P. RODRIGUEZ received his Ph.D. from the Claremont Graduate University. His current research interests include institutional change, the behavior of information in the economy, collective decision-making, and philosophies of education.
STEVEN R. LOOMIS serves on the faculty of Wheaton College in Illinois. His research interests include the political economy of institutions worldwide.
JOSEPH G. WEERES received his Ph.D. from the University of Chicago and is Professor Emeritus at The Claremont Graduate University. His research focuses on institutional development, leadership and policy.
STEVEN R. LOOMIS serves on the faculty of Wheaton College in Illinois. His research interests include the political economy of institutions worldwide.
JOSEPH G. WEERES received his Ph.D. from the University of Chicago and is Professor Emeritus at The Claremont Graduate University. His research focuses on institutional development, leadership and policy.
Content
Introduction Expansion Under Uncertainty The State: An Information Theory Establishing Direction in Production: The Special Case of Education The Individual and Collective in Education Politics and Markets: The Logic of Convergence Market Failure in the Preservation of Liberty