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Jean Ensminger - Political Economy of Institutions and Decisions: Making a Market: The Institutional Transformation of an African Society - 9780521574266 - V9780521574266
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Political Economy of Institutions and Decisions: Making a Market: The Institutional Transformation of an African Society

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Description for Political Economy of Institutions and Decisions: Making a Market: The Institutional Transformation of an African Society Paperback. This 1993 book analyses the process by which the market was introduced into the economy of a group of Kenyan pastoralists. Series Editor(s): Calvert, Randall; Eggertsson, Thrainn. Series: Political Economy of Institutions and Decisions. Num Pages: 234 pages, black & white illustrations. BIC Classification: KCP. Category: (P) Professional & Vocational. Dimension: 154 x 228 x 12. Weight in Grams: 32.
Economists have devoted considerable effort to explaining how a market economy functions, but they have given a good deal less attention to explaining how a market economy is formed. In Making a Market, Jean Ensminger analyses the process by which the market was introduced into the economy of a group of Kenyan pastoralists. Professor Ensminger employs new institutional economic analysis to assess the impact of new market institutions on production and distribution, with particular emphasis on the effect of institutions on decreasing transaction costs over time. This 1993 study traces the effects of increasing commercialisation on the economic well-being of ... Read more

Product Details

Publisher
Cambridge University Press United Kingdom
Number of pages
234
Format
Paperback
Publication date
1996
Series
Political Economy of Institutions and Decisions
Condition
New
Weight
345g
Number of Pages
234
Place of Publication
Cambridge, United Kingdom
ISBN
9780521574266
SKU
V9780521574266
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1

Reviews for Political Economy of Institutions and Decisions: Making a Market: The Institutional Transformation of an African Society
Jean Ensminger's account of economic transformations among the pastoral Orma of eastern Kenya applies a new theoretical perspective to the study of cultural change. In particular, the book's ethnographic accuracy and theoretical integration are outstanding. I dare say that it will have a major impact on anthropological studies of economic change as it goes far beyond a mere description of ... Read more

Goodreads reviews for Political Economy of Institutions and Decisions: Making a Market: The Institutional Transformation of an African Society


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