The emergence of New Institutional Economics toward the end of the twentieth century profoundly changed our ideas about the organization of economic systems and their social and political foundations. Imperfect Institutions explores recent developments in this field and pushes the discussion forward by allowing for incomplete knowledge of social systems and unexpected system dynamics and, above all, by focusing explicitly on institutional policy. Empirical studies extending from Africa to Iceland are cited in support of the theoretical argument.
In Imperfect Institutions Thráinn Eggertsson extends his attempt to integrate and develop the new field that began with his acclaimed Economic Behavior and Institutions (1990), which has been translated into six languages. This latest work analyzes why institutions that create relative economic backwardness emerge and persist and considers the possibilities and limits of institutional reform.
Thráinn Eggertsson is Professor of Economics at the University of Iceland and Global Distinguished Professor of Politics at New York University. Previously published works include Economic Behavior and Institutions (1990) and Empirical Studies in Institutional Change with Lee Alston and Douglass North (1996).
Limits and Possibilities was first published in 1990. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.
The nature of the Eastern European Socialist state and its potential for transformation without sacrificing its specific identity is the subject of extensive current debate. Limits and Possibilities is the first book to be written that deals conceptually and historically with the myriad kinds of change a state might undergo. Bogdon Denitch has chosen the Yugoslavian model to frame his analysis because it initiated these "modernizing" changes in the 1960s and can therefore provide a case study of the limits of reforms possible in Communist regimes. In using the Yugoslav case paradigmatically, the volume addresses in a more general sense the issues of decentralization, autonomy for nonparty and nonstate institutions, multi-ethnicity, new social movements, including the "greens," and the role of women and women's movements.
Rural Development in the United States presents a comprehensive evaluation of the economic, environmental, and political implications of past rural development and a thorough consideration of the directions in which future development efforts should go. The authors have assembled the best of what is being thought and done with regard to rural development in the United States, and place it in a broad theoretical, historical, and geographical context. The book provides:
This book is the basis for airpower doctrine in the US, and demonstrates how forward looking Gen Mitchell was even though the technology for conducting air operations was in its infancy when it was written. It is essential reading for anyone concerned with airpower history or aerospace doctrine.
William Lendrum "Billy" Mitchell (December 28, 1879 – February 19, 1936) was an American Army general who is regarded as the father of the U.S. Air Force, and is one of the most famous and most controversial figures in the history of American airpower.
Mitchell served in France during the First World War and, by the conflict's end, commanded all American air combat units in that country. After the war, he was appointed deputy director of the Air Service and began to advocate increased investment in air power, claiming this would prove vital in future wars. He particularly stressed the ability of bombers to sink battleships and organized a series of dramatic bombing runs against stationary ships designed to test the idea that attracted wide notice from the public.
He antagonized many in both the Army and Navy with his arguments and criticism and, in 1925, was demoted to Colonel. Later that year, he was court-martialed for insubordination after accusing military chiefs of an "almost treasonable administration of the national defense." He resigned from the service shortly thereafter.
Mitchell received many honors following his death, including a commission by the President as a Major General. He is also the only individual after whom a type of American military aircraft is named: the B-25 "Mitchell."
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