ABSTRACT

What is the nature and role of competition in markets and politics?This book examines the institutional dimension of markets and the rules and institutions that condition the operation of market economies. Particular attention is paid to the the role of the state, specifically the role of governments in shaping and maintaining the economic constitu

chapter 7|14 pages

The market as a creative process (with James M.Buchanan)

James M.Buchanan and Viktor J.Vanberg