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The Cost of Institutions - Information and Freedom in Expanding Economies
J. Rodriguez, S. Loomis, J. Weeres
Verlag Palgrave Macmillan, 2007
ISBN 9780230604797 , 198 Seiten
Format PDF
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Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.
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