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Of markets and men: comments on Chang
Published online by Cambridge University Press: 08 February 2011
Abstract:
The discussion about the role of institutions in economic development should revolve around the relative performance of institutions and not around the alleged superiority of one system over the other.
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- Copyright © The JOIE Foundation 2011
References
Brouwer, M. (2005), ‘The Robustness of Managing Uncertainty through Risk-Sharing Contracts; from Medieval Italy to Silicon Valley’, Journal of Management and Governance, 9 (3): 237–255.CrossRefGoogle Scholar
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Brouwer, M. (2010), Markets and Organizations/ Individualism and Economic Theory; 13th Conference of the International Schumpeter Society, Aalborg, June 2010. http://schumpeter2010.dk/index.php/schumpeter/schumpeter2010/paper/viewFile/112/75Google Scholar
Chang, H. (2011), ‘Institutions and Economic Development: Theory, Policy and History’, Journal of Institutional Economics, 7 (4): doi:10.1017/S1744137410000378.Google Scholar
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