After Shleifer, who needs Mises?
The demise of socialism in Eastern Europe and the transition to a market economy in China and India marked the end of traditional comparative economics as a field. The debate between capitalism and socialism was settled. The economic calculation argument of Ludwig von Mises seemed no longer relevant...
| Publicado en: | Southern Economic Journal Vol. 89; no. 3; pp. 680 - 694 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Jan2023
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=161525213&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 161525213 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: Jan2023 vid: 89 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 161525213 10.1002/soej.12622 ppf: 680 ppct: 14 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.4MB tig: atl: After Shleifer, who needs Mises? aug: au: Faria, Anna B. Subrick, John Robert affil: Department of Economics, University of Colorado Colorado Springs, Colorado Springs Colorado,, USA Department of Economics, James Madison University, Harrisonburg Virginia,, USA su: Capitalism Property rights Transition economies Comparative economics Development economics Economic conditions in China sug: subj: Capitalism Property rights Transition economies Comparative economics Development economics Economic conditions in China keyword: Coase theorem comparative economics legal origins proper scope of government Coase theorem comparative economics legal origins proper scope of government ab: The demise of socialism in Eastern Europe and the transition to a market economy in China and India marked the end of traditional comparative economics as a field. The debate between capitalism and socialism was settled. The economic calculation argument of Ludwig von Mises seemed no longer relevant. In its place, the new comparative economics (NCE) arose. The NCE focuses on the institutional differences that affect the protection of contract and property rights. The research program of Andrei Shleifer has provided numerous insights into how markets operate. This paper examines the Shleifer‐inspired program in comparative economics in light of the economic calculation argument Mises made. Although the recent developments in comparative economics have extended and complemented the contributions of Mises, it has not displaced them. An account of the economic calculation problem is still missing in the new comparative economics. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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