The Economy of Everything. Institutions and Society: Living by Rules and Without

The Economy of Everything. Institutions and Society: Living by Rules and Without

This fascinating book by the well-known science popularizer – Doctor of Economic Sciences, Professor, Dean of the Faculty of Economics at Lomonosov Moscow State University Alexander Auzan – will help you understand the essence of seemingly chaotic social processes and... their connection to economics. You will be surprised to find how easily and logically many paradoxes of Russian life can be explained when viewed through the lens of institutional theory. Institutions are rules that cannot be perfect due to the arising forces of friction – transaction costs. These costs arise from human imperfection – irrationality and opportunistic behavior. The author demonstrates how to rationally implement institutions and reduce costs in various fields – business, politics, law, history, choices of property forms, and even in virtual reality. You will see a different, completely unfamiliar picture of the world.

Author: Александр Аузан

Printhouse: Azbuka

Series: Alphabet-Business

Age restrictions: 16+

Year of publication: 2025

ISBN: 9785389265356

Number of pages: 208

Size: 215х144х15 mm

Cover type: hard

Weight: 380 g

ID: 1706322

This fascinating book by the well-known science popularizer – Doctor of Economic Sciences, Professor, Dean of the Faculty of Economics at Lomonosov Moscow State University Alexander Auzan – will help you understand the essence of seemingly chaotic social processes and their connection to economics. You will be surprised to find how easily and logically many paradoxes of Russian life can be explained when viewed through the lens of institutional theory. Institutions are rules that cannot be perfect due to the arising forces of friction – transaction costs. These costs arise from human imperfection – irrationality and opportunistic behavior. The author demonstrates how to rationally implement institutions and reduce costs in various fields – business, politics, law, history, choices of property forms, and even in virtual reality. You will see a different, completely unfamiliar picture of the world.

In stock

€ 12.99

Will be delivered to United States on 3 March (Tu):

By courier

from € 38.94

In stock

€ 12.99

Will be delivered to United States on 3 March (Tu):

By courier

from € 38.94

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