The Origin and Evolution of New Businesses

The Origin and Evolution of New Businesses BOOK REVIEWS 97 interesting hypotheses about the Soviet economy being a rent seeking rather than a planned economy—that can eventually be tested against real-world Soviet data as they emerge. The application of modern political economy to explain the problems of transition has brought together the “old” and “new” economic specialists on the former Soviet Union. I am par- ticularly pleased that Boettke, unlike others, has taken the time to examine the Soviet past and in particular question the stereotypes of the Soviet administrative-command economy that Soviet specialists have been too willing to accept. Paul R. Gregory Professor of Economics University of Houston Pgregory@uh.edu. The Origin and Evolution of New Businesses by Amar V. Bhide. ´ Professor Amar V. Bhide ´’s book, The Origin and Evolution of New Businesses, is a breath of fresh air in today’s world of economics. Perhaps because it doesn’t pretend to be a book on the economics of the firm, but rather a systematic, multi-disciplinary research on the subject of entrepreneurship and the emergence and evolution of businesses. It should appeal to Austrian economists and others who don’t find that mainstream firm theory adequately explains the emergence and growth of organizations. Bhide ´’s book is http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

The Origin and Evolution of New Businesses

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2002 by Kluwer Academic Publishers
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1023/A:1013262323064
Publisher site
See Article on Publisher Site

Abstract

BOOK REVIEWS 97 interesting hypotheses about the Soviet economy being a rent seeking rather than a planned economy—that can eventually be tested against real-world Soviet data as they emerge. The application of modern political economy to explain the problems of transition has brought together the “old” and “new” economic specialists on the former Soviet Union. I am par- ticularly pleased that Boettke, unlike others, has taken the time to examine the Soviet past and in particular question the stereotypes of the Soviet administrative-command economy that Soviet specialists have been too willing to accept. Paul R. Gregory Professor of Economics University of Houston Pgregory@uh.edu. The Origin and Evolution of New Businesses by Amar V. Bhide. ´ Professor Amar V. Bhide ´’s book, The Origin and Evolution of New Businesses, is a breath of fresh air in today’s world of economics. Perhaps because it doesn’t pretend to be a book on the economics of the firm, but rather a systematic, multi-disciplinary research on the subject of entrepreneurship and the emergence and evolution of businesses. It should appeal to Austrian economists and others who don’t find that mainstream firm theory adequately explains the emergence and growth of organizations. Bhide ´’s book is

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Oct 18, 2004

References

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