Call Boomerang Books 1300 36 33 32

Economists have devoted considerable effort to explaining how a market economy functions, but they have given a good deal less attention to explaining how a market economy is formed. In Making a Market, Jean Ensminger analyses the process by which the market was introduced into the economy of a group of Kenyan pastoralists. Professor Ensminger employs new institutional economic analysis to assess the impact of new market institutions on production and distribution, with particular emphasis on the effect of institutions on decreasing transaction costs over time. This 1993 study traces the effects of increasing commercialisation on the economic well-being of individual households, rich and poor alike, over considerable time and analyses the process by which institutions themselves are transformed as a market economy develops.

Buy Making a Market book by Jean Ensminger from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780521574266
ISBN-10: 0521574269
Format: Paperback
(228mm x 152mm x 13mm)
Pages: 234
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Sep-1996
Country of Publication: United Kingdom

Other Editions

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Making a Market book by Jean Ensminger and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Books By Author Jean Ensminger

Making a Market by Jean Ensminger

Making a Market

Hardback, November 1992
$144.00