Institutions, Behaviour and Economic Theory

Download or read book Institutions, Behaviour and Economic Theory written by Heinrich Bortis and published by Cambridge University Press. This book was released on 1996-11-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The failure of centrally planned socialism and the serious problems arising with the capitalist system requires a middle way between both doctrines. In this book it is argued that a synthesis of Classical and Keynesian economic theory provides the basis for this intermediate system. A monetary production economy is primarily considered. The author sets up a system of linking political economy with other social sciences, i.e. sociology, law and politics in the traditional sense, thus establishing the unity of the social sciences.