Decline and Rise of Institutions - A Modern Survey of Austrian Contribution to Economic Analysis of

Explains an Austrian economics view of institutions, understanding which institutions matter for growth, and how they emerge and change.

About the author

Liya Palagashvili is an Assistant Professor of Economics at State University of New York, Purchase.

Summary

Institutions are the 'rules of the game' that facilitate economic, social, and political interactions. They include legal rules, property rights, constitutions, political structures, and norms and customs. The Austrian economics framework provides an understanding for which institutions matter for growth, how they matter, and how they emerge and change.

Product details

• Authors: Liya Palagashvili, Liya (State University of New York Palagashvili, Ennio Piano, David Skarbek, Skarbek David
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 30.09.2017
• EAN: 9781316649176
• ISBN: 978-1-316-64917-6
• No. of pages: 60
• Series: Elements in Austrian Economics; Elements in Austrian Economics
• Subjects: Education and learning > Adult education/adult education classes; Social sciences, law, business > Business > Economics; Economics, finance, business & management, Economics, BUSINESS & ECONOMICS / Economics / General, macroeconomics, Economic theory & philosophy, Economic statistics, International Economics, Economic systems & structures, Econometrics