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Item Details
Title: ECONOMIC ANALYSIS OF SOCIAL COMMON CAPITAL
By: Hirofumi Uzawa
Format: Electronic book text

List price: £135.00


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ISBN 10: 0511610467
ISBN 13: 9780511610462
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 18 December, 2009
Description: This 2005 book analyzes how natural resources, social infrastructure, and institutions might be optimally sustained.
Synopsis: Social common capital provides members of society with those services and institutional arrangements that are crucial in maintaining human and cultural life. Social common capital is comprised of three categories: natural capital, social infrastructure, and institutional capital. Natural capital consists of natural environment and resources including the Earth's atmosphere. Social infrastructure consists of roads, bridges, public transportation systems, and public utilities. Institutional capital includes hospitals, educational institutions, judicial and police systems, public administrative services, financial and monetary institutions, and cultural capital. This 2005 book attempts to modify and extend the theoretical premises of orthodox economic theory to make them broad enough to analyze the economic implications of social common capital. It aims to find the institutional arrangements and policy measures that will bring about the optimal state of affairs in which the natural and institutional components are blended together harmoniously to realize the sustainable state as suggested by John Stuart Mill.
Publication: UK
Imprint: Cambridge University Press (Virtual Publishing)
Returns: Non-returnable
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