The Cost of Institutions
Information and Freedom in Expanding Economies| By: | J. Rodriguez; S. Loomis; J. Weeres |
| Publisher: | Springer Nature |
| Print ISBN: | 9781349538256 |
| eText ISBN: | 9780230604797 |
| Edition: | 0 |
| Copyright: | 2007 |
| Format: | Page Fidelity |
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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.