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Routledge Ethical Codes and Income Distribution - Economics Study

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Description

Explore the complex relationship between social rules and economic outcomes in Ethical Codes and Income Distribution. This Routledge study examines the work of John Bates Clark and Thorstein Veblen to understand how institutions shape market behavior. While the General Equilibrium Model suggests markets operate in an institutional vacuum without social or historical variables, this research looks at the growing movement of economists who integrate social and moral variables into standard models. By moving beyond the rational choice paradigm, the book addresses how a set of rules binds agents in their behavior to allow for efficient outcomes. This text is a valuable resource for those studying the history of economics and non-mainstream economic debates. It provides a deep look into how institutional frameworks and ethical codes influence the way income is distributed within a market economy. It is an essential read for students and scholars interested in how social variables impact modern economic theory.

Key Features

Examines the influential economic theories of John Bates Clark and Thorstein Veblen.

Analyzes the role of institutions and rules in shaping market economy behavior.

Contrasts the General Equilibrium Model with theories involving social and historical variables.

Investigates the integration of social and moral variables into standard economic models.

Part of the reputable Routledge Studies in the History of Economics series.

Provides insight into non-mainstream economic debates and the rational choice paradigm.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 January 2006
Listed Since
05 February 2007

Barcode

No barcode data available

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