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The Economy of Everything. Institutions and Society: Life by Rules and Without

14.99 €
In stock
The Economy of Everything. Institutions and Society: Life by Rules and Without
14.99 €
In basket
This fascinating book by a well-known popularizer of science, Doctor of Economics, Professor, Dean of the Economics Department of Moscow State University named after M. V. Lomonosov Alexander Auzan will help you understand the essence of social processes that are chaotic at first glance and their connection with the economy. You will be surprised to find how easily and logically many paradoxes of Russian life are explained if you look at them from the point of view of institutional theory. Institutions are rules that cannot be ideal due to the emerging friction forces - transaction costs. Costs are due to human imperfection - his irrationality and opportunistic behavior. The author shows how you can wisely implement institutions and reduce costs in various areas - business, politics, law, history, choice of forms of ownership and even in virtual reality. You will see a different, completely unusual picture of the world.
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