The Economics of Property Rights: Towards a Theory of Comparative Systems

Economic Systems, Institutions and Scarcity -- Scarcity, Institutions and Economic Behavior -- The Rise of Capitalism -- The Rise of Socialism -- The Private-Property Free-Market Economy -- Basic Institutions of Capitalism -- Exchange in a Private Property Capitalist Economy -- Production in a Private Property Capitalist Economy -- The Right of Ownership and the Firm -- The Attenuated Right of Ownership and the Firm -- The Role of Financial Markets in a Private-Property, Free-Market Economy -- The Soviet-Type Economy -- The History and Development of the Soviet Union Through the 1980S -- Basic Institutions of the Soviet-Type Economy: State Ownership -- Basic Institutions of the Soviet-Type Economy: Economic Planning -- Basic Institutions of the Soviet-Type Economy: The Political and Economic Monopoly of the Politburo -- The Behavior of the Soviet-Type Firm -- Performance of the Soviet-Type Economy -- Toward the End of the Soviet-Type Economy -- The Yugoslav-Type Economy -- Basic Institutions of the Labor-Managed Economy -- The Behavior of the Labor-Managed Firm -- Failure of the Labor-Managed Type Economy.