Conservative Political Philosophy and the Strategy of Economic Transition
Conservative Political Philosophy and the Strategy of Economic Transition
Author(s): Peter MurrellSubject(s): Political Philosophy, Economic history, Political history, Economic policy, Government/Political systems, Economic development, Post-Communist Transformation
Published by: SAGE Publications Ltd
Keywords: Eastern Europe; economic revolutions; economic transition; conservative political philosophy; transition to democracy;
Summary/Abstract: Social science, especially economics, does not center its efforts on the processes of socioeconomic change, for its concern traditionally has been on end points: how to achieve the first-best Pareto efficient outcome rather than deciding which problem to solve first; the implications of behavior under rational expectations rather than the study of learning processes. This lack of emphasis on change has become increasingly apparent as scholars apply existing theories to the most momentous economic changes of our times-the Eastern European economic revolutions. [...]
Journal: East European Politics and Societies
- Issue Year: 06/1992
- Issue No: 01
- Page Range: 3-16
- Page Count: 14
- Language: English
- Content File-PDF