Ethical codes and income distribution a study of John Bates Clark and Thorstein Veblen
In contemporary non-mainstream economic debate, it is widely thought that the functioning of a market economy needs a set of rules (i.e. institutions) which bind agents in their behaviour, allowing efficient outcomes. This idea is contrary to the General Equilibrium Model (GEM) where markets are pic...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
London ; New York
Routledge
2006
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Schriftenreihe: | Routledge Studies in the History of Economics
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Online-Zugang: | kostenfrei |
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Inhaltsangabe:
- Book Cover; Half-Title; Series-Title; Title; Copyright; Dedication; Contents; Preface; Acknowledgements; Outline of the book; 1 The genesis and the spread of ethical codes: The inside-the market versus the outside-the-market approach; 2 John bates clark: Moral norms and the labour market in neoclassical economics; 3 Thorstein veblen: The institutionalist approach to income distribution and ethical codes; 4 Ethical codes and income distribution in the neoclassical and institutionalist theoretical frameworks; Conclusions; Notes; Bibliography; Index