The Invisible Foot
AbstractThis article pays homage to E. K. Hunt who was a founding member of URPE who helped build chapters on several campuses in western states. Much of the authorâ€™s own research work over the past forty years was an attempt to strengthen criticisms Hunt voiced long ago about markets and blind spots in mainstream economic theory. The article reviews work inspired by Hunt regarding externalities, endogenous preferences, the Coase theorem, and an alternative to the market system known as participatory planning.
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Bibliographic InfoArticle provided by Union for Radical Political Economics in its journal Review of Radical Political Economics.
Volume (Year): 46 (2014)
Issue (Month): 1 (March)
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Web page: http://www.urpe.org/
externalities; endogenous preferences; Coase theorem; participatory planning;
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