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基本説明
Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that expanding institutions generate information costs.
Full Description
Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.
Contents
Introduction Expansion Under Uncertainty The State: An Information Theory Establishing Direction in Production: The Special Case of Education The Individual and Collective in Education Politics and Markets: The Logic of Convergence Market Failure in the Preservation of Liberty