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Found 1 from your keywords: author=DAVANZATI, Guglielmo Fo...
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Ethical Codes and Income Distribution A Study of John Bates Clark and Thorst…
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DAVANZATI, Guglielmo Forges

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 pictured as working in an institutional vacuum and where social and historical variables play no rol…

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9780203016794
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