The Economics of Property Rights: Towards a Theory of Comparative Systems
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Front Matter....Pages i-xiv Front Matter....Pages 1-1 Scarcity, Institutions and Economic Behavior....Pages 3-6 The Rise of Capitalism....Pages 7-13 The Rise of Socialism....Pages 15-23 Front Matter....Pages 25-25 Basic Institutions of Capitalism....Pages 27-34 Exchange in a Private Property Capitalist Economy....Pages 35-43 Production in a Private Property Capitalist Economy....Pages 45-52 The Right of Ownership and the Firm....Pages 53-64 The Attenuated Right of Ownership and the Firm....Pages 65-71 The Role of Financial Markets in a Private-Property, Free-Market Economy....Pages 73-83 Front Matter....Pages 85-85 The History and Development of the Soviet Union Through the 1980S....Pages 87-95 Basic Institutions of the Soviet-Type Economy: State Ownership....Pages 97-103 Basic Institutions of the Soviet-Type Economy: Economic Planning....Pages 105-114 Basic Institutions of the Soviet-Type Economy: The Political and Economic Monopoly of the Politburo....Pages 115-120 The Behavior of the Soviet-Type Firm....Pages 121-127 Performance of the Soviet-Type Economy....Pages 129-139 Toward the End of the Soviet-Type Economy....Pages 141-172 Front Matter....Pages 173-173 Basic Institutions of the Labor-Managed Economy....Pages 175-180 The Behavior of the Labor-Managed Firm....Pages 181-189 Failure of the Labor-Managed Type Economy....Pages 191-200 Back Matter....Pages 201-204
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