Comparative Economic Systems: Objectives, Decision Modes, and the Process of Choice - Hardcover

Conklin, David W.

Hardcover

ISBN 10: 0521344395 ISBN 13: 9780521344395

Publisher: Cambridge University Press, 1991

Synopsis

The phrase 'economic system' refers to the organizational arrangements and processes through which a society makes its production and consumption decisions. In this book, Professor Conkin explores the diversity of economic systems and the choices societies must face in determining the economic systems best suited to their needs. He discusses the alternative objectives and alternative decision modes that are available to societies. Objectives such as efficiency, growth, liberty, and equality - though themselves desirable - frequently involve trade-offs; the more complete attainment of any one objective may involve the partial sacrifices of another. In pursuit of its objectives, each society uses a combination of decision modes. Professor Conklin examines six of these: free enterprise, price controls, subsidies, taxation, non-price regulations, and public enterprise. He ends with a discussion of the processes societies use to make their choice among objectives and decision modes.

About this title

Book Description

In this book, Professor Conkin explores the diversity of economic systems and the choices societies must face in determining the economic systems best suited to their needs. He discusses the alternative objectives and alternative decision modes that are available to societies.

About the Author

David W. Conklin is James D. Fleck Professor in International Business and a Professor of the Global Environment of Business area group at Richard Ivey School of Business. In addition he is President, Conklin and Associates, Inc., a company which undertakes research and consulting activities for private corporations and government departments and agencies on public policy issues. He has also taught in the Economics and Political Science Departments at UWO, and has been an Adjunct Professor in Social Science. He earned a BA in political science and economics from the University of Toronto and a PhD in economics from the Massachusetts Institute of Technology.

Conklin's research work focuses on the interface between corporations and public policies. This includes work for governments in the design and enforcement of legislation and regulations, as well as consulting for corporations in influencing public policies and in complying with government legislation and regulations. He has been Director, UWO Office of the Institute for Research on Public Policy, and Director of the University of Western Ontario Centre for American Studies. Over the past fifteen years, he has published over 50 articles and over 30 books.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1991
• ISBN 10: 0521344395
• ISBN 13: 9780521344395
• Binding: Hardcover
• Language: English
• Number of pages: 428