Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Economics and Power: An Inquiry Into Human Relations and Markets

Economics and Power: An Inquiry Into Human Relations and Markets

Bartlett, Randall

Paperback

Economics

ISBN10: 0521034620
ISBN13: 9780521034623
Publisher: Cambridge
Published: Dec 14 2006
Pages: 224
Weight: 0.85
Height: 0.60 Width: 5.90 Depth: 8.90
Language: English
When a marketplace is considered in isolation, the implicit conclusion is that markets are a sufficient defense against the exercise of power. But market transactions do not occur in isolation: they are defined by rules, property rights, prior events, and social values. This book widens the focus of traditional economic analysis to examine the ways in which people may affect each other within and around markets to give rise to real power. Using conventional neoclassical assumptions about human behavior, the book begins by developing a workable concept of power, allowing for its presence in a variety of forms and degrees. It examines the conditions under which power would necessarily be absent from market transactions, and those under which it would be possible. It considers the decision processes of potential exercisers and subjects of power to determine when the exercise and success of power would be rational.

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