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Market and Non-Market Hierarchies: Theory of Institutional Failure

By Christos N. Pitelis
Paperback
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By Christos N. Pitelis
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Everything you ever wanted to know about growing grapes

Market and Non-market Hierarchies: Theory of Institutional Failure examines capitalism's three major institutions: the market, the firm, and the state. Plumbing the depths of history and surfacing in the modern era, this book offers the unique perspective of analysis through the lens of Marxian theories of capitalist crisis alongside a comparison of major micro- and macroeconomic theories of failure. Comprehensive in scope, the discuss...

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