This long-awaited sequel to the modem classic "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an app

This book presents a radical institutional approach to the analysis of capitalism. The author discusses a wide range of topics and puts forward a number of argu

Capitalism is the dominant economic framework in modern history, but it s unclear how it really works. Relying on the free movement and spontaneous coordination

What is the relationship between internal development and integration into the global economy in developing countries? How and why do state–market relations d