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Garet Garrett

No one, but no one, tells the story of the Ford Motor Company like Garet Garrett. He loved machines and technology, and the markets that create and distribute them. He loved the car and its...

John N. Drobak , John V.C. Nye

The New Institutional Economics incorporates a theory of institutions into economics. It builds upon the fundamental assumptions of scarcity and competition but abandons institutional rationality....