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The new institutional economics took its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function. This idea has been developed further by
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Although human lives towards the second half of the twentieth century became increasingly mediated by objects and artifacts and have depended heavily on the functioning of technical systems, materiality in a broad
When Adam Smith published his celebrated writings on economics and moral philosophy he famously referred to the operation of an 'invisible hand'. Adam Smiths Political Philosophy makes visible this hand by examining
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