David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
We examine the “new comparative economics” as proposed by Djankov et al. (2003) and their use of the concept of an institutional possibilities frontier. While we agree with their general argument that one must consider a variety of institutions and their respective social costs, including legal systems and cultural characteristics, when comparing the performance of different economic systems, we find various complications and difficulties with the framework they propose. We propose that a broader study of clusters of institutions and such newly emerging forms as the new traditional economy may be better suited as ways to approach the study of comparative economics in the era after the breakdown of the old comparison of market capitalism and command socialism that came to an end with the breakup of the Soviet Union.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Uskali Mäki (1999). Science as a Free Market: A Reflexivity Test in an Economics of Economics. Perspectives on Science 7 (4):486-509.
Margaret Schabas (2009). Constructing "the Economy". Philosophy of the Social Sciences 39 (1):3-19.
Andy Bahn & John Gowdy (2003). Economics Weak and Strong: Ecological Economics and Human Survival. World Futures 59 (3 & 4):253 – 262.
Anne van Aaken (2002). Deliberative Institutional Economics, or Does Homo Oeconomicus Argue?: A Proposal for Combining New Institutional Economics with Discourse Theory. Philosophy and Social Criticism 28 (4):361-394.
Peter J. Boettke (1990). Individuals and Institutions. Critical Review 4 (1-2):10-26.
Susan Haack (2004). Science, Economics, 'Vision'. Social Research 71 (2):223-234.
Robert A. Gehring (2006). The Institutionalization of Open Source. Poiesis and Praxis 4 (1):54-73.
Ross E. Stewart (1984). Sismondi's Forgotten Ethical Critique of Early Capitalism. Journal of Business Ethics 3 (3):227 - 234.
Added to index2009-01-28
Total downloads12 ( #270,796 of 1,789,829 )
Recent downloads (6 months)1 ( #420,681 of 1,789,829 )
How can I increase my downloads?