Physiocracy, or the economic theory that a nation's wealth comes from is agricultural and land development, was a popular school of thought in France in the 18th century. The contribution and...
The common understanding of physiocracy - the school of eighteenth-century political economy associated with thinkers such as Boisguillebert and Quesnay - is often confined to the view that it...
This book presents an extension of economic theory to economic organization. It argues that "economic man" seeks to better his lot through a combination of market maximization and cooperation with...
Upon hearing that Ronald Coase had been awarded the Nobel Prize, a fellow economist's first response was to ask with whom Coase had shared the Prize. Whether this response was idiosyncratic or not, I...